What Does ALC Stand For?
ALC stands for Allocations
ALC, or Allocations, refers to the systematic distribution of resources, funds, or assets among various departments, projects, or entities within an organization. This process aims to optimize resource utilization, enhance operational efficiency, and align expenditures with strategic objectives. Effective allocations are critical for ensuring that each unit receives the necessary support to achieve its goals while maintaining overall organizational balance and performance.
Added on 14th April 2008 | Last edited on 17th June 2025 | Edit Acronym