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The phrase "allocation of funds" is a correct and usable phrase in written English.
You could use it in any context where you are referring to the distribution of funds. For example, "The committee approved the allocation of funds to the new research project."
Exact(1)
They found that corruption in the banking sector could distort economic growth because the allocation of fund for private investment will be biased.
Similar(59)
In theory, this top-down allocation of funds provides pupils across the state with equal access to well-funded programs.
Government with allocation of funds.
The allocation of funding is never the "boring bit".
A careful count matters -- to families, in the allocation of funds, in what historians record.
These parliaments have various powers, including power over the allocation of funds designated for the Sámi.
The system would have to be completely reinvented in order for fairer allocation of funds.
Write a profile of this organization including its history, founding members, goals, top donors, and allocation of funds.
The OWI, AOC, Ski & Snowboard Australia (SSA) and various state bodies are all involved in the allocation of funds.
"The donors want a say on the allocation of funds," said a Western diplomat involved in aiding Iraq.
Because celebrities generate money, their personal passion, rather than expert judgment, often drives the allocation of funds.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com