Allocation

Broadcast: range of wavelengths assigned to a broadcast system by the federal communications commission. See also am station; fm station.

Merchandising: quantity of merchandise designated for a particular prospect or market.

Process of partitioning a Valuation Account and assigning the resulting subsets to periods of time. Allocation includes the assignment of assets to expense as well as the assignment of liabilities to revenue over a time frame. Examples of the former are the depreciation of a fixed asset or the amortization of an intangible asset over the period benefitted. An example of the latter is reflecting unearned fee revenue (deferred revenue) into revenue over the period the services are performed. Allocations result from applying rules for the assignment of costs to products or period expenses and the assignment of the value of the product to specific periods as revenue.