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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
From these beginnings came the key concept of an operating system as a resource allocator.
The recipient can accept and specify that the allocator gets two dollars.
Mr. Chazen, who previously served as chief financial officer, won the support of many investors because he was viewed as a smart allocator of capital and efficient manager of new projects.
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.
In order to increase the capacity usage of the furnaces, this material allocator groups bars together taking into account all material constraints.
During this same period, of course, the growth of the regulatory state made government vastly more important as an allocator of wealth and opportunity.

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