Also means
to assign
Usage Note
Allocare is a technical and administrative verb used in computing (memory allocation), economics, and project management. It is a regular -are verb conjugated normally (alloco, allochi, alloca…). In everyday speech Italians more often say assegnare or destinare; allocare signals a technical register.
Examples
"Dobbiamo allocare più risorse al progetto."
Natural Translation
We need to allocate more resources to the project.

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