The term 'allocated time' can be defined as the amount of time that has been set aside for a specific task or activity. The crossword solution for this term is 'SLOT, ' which is a noun meaning a designated period of time for a particular purpose. Allocated time is often used to refer to the amount of time that has been assigned to a job or project, and the term 'SLOT' is often used to refer to the specific time frame in which the task must be completed.