"To fund those allocations" means to provide the money or resources needed to support and cover the expenses or distributions that have been assigned or designated. Full definition
The funding also comprises # 1.4 billion of funding allocations for schools, local authorities and academy trusts to invest in improving the condition of the school estate. (educationbusinessuk.net)
Keeping a track of fund allocation is important to ensure that it is in line with your risk tolerance and future money requirements. (relakhs.com)
For example, majority of child insurance plans come with systematic transfer plan and dynamic fund allocation options. (easypolicy.com)