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allot (v.)

"parcel out, divide or distribute as by lots," late 15c., also alot, from Old French aloter (Modern French allotir) "to divide by lots, to divide into lots," from à "to" (see ad-) + loter "lot," a word of Germanic origin (cognates: Gothic hlauts, Old High German hloz, Old English hlot; see lot). Related: Allotted; allotting; allotter; allottee.

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Definitions of allot from WordNet

allot (v.)
give out;
Synonyms: assign / portion
allot (v.)
allow to have;
Synonyms: accord / grant
allot (v.)
administer or bestow, as in small portions;
Synonyms: distribute / administer / mete out / deal / parcel out / lot / dispense / shell out / deal out / dish out / dole out
From wordnet.princeton.edu