Psychology Definition of NOISE EFFECTS: describes any physiological response or stress response to the adverse noise levels, one such example is the inability to fall asleep due to the level of s Sign in
Wiktionary(0.00 / 0 votes)Rate this definition: allocation(Noun) The process or procedure for allocating things, especially money or other resources. The allocation of new permits is on a first-come, first-served basis.
Q&A. Cost allocation is the assigning of a common cost to several cost objects. For example, a company might allocate or assign the cost of an expensive computer system to the three main areas of the company that use the system. A company with only one electric meter might allocate the electricity bill to several departments in the company.