The phrase "total allocation" refers to the complete amount or portion of something that has been assigned or distributed for a specific purpose or to a particular entity. Full definition
The European Union's total allocation for the Gambia under the 11th European Development Fund (EDF) for the period 2014 - 2020 was set at EUR 150 million. (lawyer-monthly.com)
Having a greater - than - average tolerance for investment risk also doesn't absolve him of his near total allocation to Canadian equities. (moneysense.ca)
From a household balance sheet perspective, this individual would have a much higher total allocation to fixed income, because the DIA can be viewed as essentially a bond portfolio held within an annuity wrapper. (onefpa.org)