allotˈment noun

1. The act of allotting
2. A part or share allotted
3. A piece of ground let out for spare-time cultivation usu under a public scheme
4. The distribution of shares to individuals who have applied to purchase them
5. The number of shares distributed
6. A portion of a field assigned to a cottager to labour for himself (historical)

allotteeˈ noun

Someone to whom something is allotted

allottˈery noun (Shakespeare)

A share allotted