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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
During this same period, of course, the growth of the regulatory state made government vastly more important as an allocator of wealth and opportunity.
Changes DHCP allocator parameters for an interface.
In order to increase the capacity usage of the furnaces, this material allocator groups bars together taking into account all material constraints.
The recipient can accept and specify that the allocator gets two dollars.
Then after the combiner comes the dynamic register allocator, and finally something to convert it into assembly code.
Similarly, when people's faith in Wall Street as an honest broker, a smart allocator of capital, and a path to personal wealth was disappointed, they managed to explain things away.

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