Provision vs Allocating - What's the difference?

As a noun provision

is provision.

(en noun)

An item of goods or supplies, especially food, obtained for future use.

* Francis Bacon

making provision for the relief of strangers

* Milton

And of provisions laid in large, / For man and beast.

The act of providing, or making previous preparation.

(Shakespeare)

Money set aside for a future event.

(accounting) A liability or contra account to recognise likely future adverse events associated with current transactions.

We increased our provision for bad debts on credit sales going into the recession.

(legal) A clause in a legal instrument, a law, etc., providing for a particular matter; stipulation; proviso.

An arrest shall be made in accordance with the provisions of this Act.

(Roman Catholic) Regular induction into a benefice, comprehending nomination, collation, and installation.

(UK, historical) A nomination by the pope to a benefice before it became vacant, depriving the patron of his right of presentation.

(Blackstone)

(en verb)

To supply with provisions.

* supply * victual

(head)