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What is an allocator?

What is an allocator? Here are some definitions.

Noun
  1. One who, or that which, allocates.
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Examples
Investors should select a fund allocator able to manage their exposure to risky assets with regards to market conditions.
During this same period, of course, the growth of the regulatory state made government vastly more important as an allocator of wealth and opportunity.
In order to increase the capacity usage of the furnaces, this material allocator groups bars together taking into account all material constraints.
Remarks: Sets DHCP allocator parameters for an interface specified by name.
Changes DHCP allocator parameters for an interface.
November 6, 2002: A logic error in the pool kernel memory allocator could cause memory corruption in low-memory situations, causing the system to crash.

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