Collocation and Allocation

noun

• A grouping of words in a sentence.
• The act of positioning close together (or side by side. )
  • usage: "it is the result of the juxtaposition of contrasting colors"
  • synonyms: juxtaposition, apposition

(n.) The act of placing; the state of being placed with something else; disposition in place; arrangement.

(DoD, NATO) The physical placement of two or more detachments, units, organizations, or facilities at a specifically defined location.

noun

• A share set aside for a specific purpose.
  • synonyms: allotment
• The act of distributing by allotting or apportioning; distribution according to a plan.
  • usage: "the apportionment of seats in the House of Representatives is based on the relative population of each state"
  • synonyms: allotment, apportionment, apportioning, parceling, parcelling, assignation
• Computer science. ( the assignment of particular areas of a magnetic disk to particular data or instructions).
  • synonyms: storage allocation

• (n.) The act of putting one thing to another; a placing; disposition; arrangement.
• (n.) The admission of an item in an account or an allowance made upon an account; -- a term used in the English exchequer.
• (n.) An allotment or apportionment; as, an allocation of shares in a company.

Allocation is the amount of stock in an initial public offering (IPO) granted by the underwriter to an investor. For many IPOs, the allocation is significantly less than investor's indication of interest. The allocations are meted out based on commission volume, trading history and type of investor.

(DoD) In a general sense, distribution for employment of limited forces and resources among competing requirements. Specific allocations (e.g., air sorties, nuclear weapons, forces, and transportation) are described as allocation of air sorties, nuclear weapons, etc. See also allocation (nuclear); apportionment.