distribute according to a plan or set apart for a special purpose; "I am allocating a loaf of bread to everyone on a daily basis"; "I'm allocating the rations for the camping trip"
a hypothesis that has been formed by speculating or conjecturing (usually with little hard evidence); "speculations about the outcome of the election"; "he dismissed it as mere conjecture"
an investment that is very risky but could yield great profits; "he knew the stock was a speculation when he bought it"