The term 'allot, with 'OUT'' can be solved by two four-letter words: 'DOLE' and 'METE'. The word 'DOLE' is a verb meaning to distribute or apportion something, usually in small amounts. It can also refer to the money or other benefits given to people in need. The word 'METE' is also a verb, meaning to measure OUT or apportion something, usually in a fair and equal manner. Together, these two words suggest that something is being distributed or apportioned without any bias or favoritism.