1. A sum of money that has been officially assigned or distributed for a specific purpose, project, or department
The allocated budget for marketing this quarter is $50,000.
O orçamento alocado para marketing neste trimestre é de $50.000.
2. Funds that have been set aside and designated for particular expenses or operations
Each department must work within its allocated budget.
Cada departamento deve trabalhar dentro de seu orçamento alocado.