Meaning & use
allocate funds
Last updated
Meanings
phrasetransitiveformal
to officially give a particular amount of money to a person, group, or purpose
Grammar: Takes an object: allocate funds for a project. Often followed by to or for.
Patterns
- allocate funds to someone/something
- allocate funds for something
- allocate funds among someone
The government will allocate funds to rural schools next year.
The board decided to allocate funds for a new library.
We need to allocate funds carefully among the three departments.
phrasetransitivebusinessfinance
to set aside money in a budget for a specific future use
Grammar: Often used in business and finance contexts; can be passive: funds were allocated.
Patterns
- allocate funds in advance
- allocate funds for the next quarter
The company allocated funds for research and development.
They allocated funds in advance to cover emergency repairs.
Common combinations
- allocate funds to
- The city will allocate funds to public transport.
- allocate funds for
- We should allocate funds for employee training.
- allocate funds among
- The charity allocated funds among five local projects.
- government-allocated funds
- Government-allocated funds must be spent by June.
Synonyms and how they differ
- assign
- Assign is more general and can refer to tasks or resources, not just money.
- earmark
- Earmark means to reserve money for a specific purpose, often in a political context.
- distribute
- Distribute focuses on giving out something among several recipients, not necessarily money.
Opposites
Word family
- allocation noun
- the act of giving out money or resources, or the amount given
- allocated adjective
- officially given or set aside for a purpose
Commonly confused: allocate funds or allot funds?
allocate funds vs allot funds
Allot funds means to give out a share of money, often in a fixed amount; allocate is more about official distribution.
Practice
The university decided to allocate funds ___ the new science building.
Choose one answer.
Allocate funds to a specific recipient or project is the standard pattern. 'For' is possible but less common when the recipient is a building; 'with' and 'at' do not fit.
Make it your own
Write a sentence using “allocate funds”, then check it and compare it with the examples above.