- allocation
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index
allotment, appointment (act of designating), apportionment, appropriation (allotment), assignment (allotment), budget, circulation, classification, consignment, coupon, dispensation (act of dispensing), distribution (apportionment), division (act of dividing), order (arrangement), part (portion), quota, share (interest)
Burton's Legal Thesaurus. William C. Burton. 2006
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Consigning of a case to a procedural track which determines the procedure for the case until trial. Allocation to a particular track largely depends on the financial value of the claim (see fast track and multi track).+ allocationUSASpecifies how a partnership's (or other entity that is treated as a partnership for tax purposes such as an LLC) economic profits and losses are divided among the partners and reflects the business deal reached by the parties. Allocations of profits and losses to the partners are necessary because a partnership pass-through entity for US federal income tax purposes (that is, the partnership generally does not pay an entity level tax; instead, the partnership's profits and losses "pass-through" to its partners who report (and are generally taxed on) their respective share of those items on their own US federal income tax returns (whether or not distributed)). Allocations do not necessarily translate into an actual distribution of funds.
Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010.
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The apportionment or designation of an item for a specific purpose or to a particular place.
Dictionary from West's Encyclopedia of American Law. 2005.
- allocation
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The apportionment or designation of an item for a specific purpose or to a particular place.
Short Dictionary of (mostly American) Legal Terms and Abbreviations.