Entry Word: allotment

Function: noun

Meaning: 1 a sum of money allotted for a specific use by official or formal action <the library budget was reduced, while allotments for city officialsʼ travel expenses were increased> — see appropriation
2 something belonging to, due to, or contributed by an individual member of a group <every kindergartner received colored paper, scissors, and an allotment of paste to make paper chains> — see share 1