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reallocate  (reallocates 3rd person present) (reallocating present participle) (reallocated past tense & past participle )When organizations reallocate money or resources, they decide to change the way they spend the money or use the resources.  verb  (=redistribute) 
...a cost-cutting program to reallocate people and resources within the company...  V n 
Other areas are to lose aid so that money can be reallocated to towns devastated by pit closures.  V n to n