IPA: /əˈlɒtiː/
KK: /əˈlɑːti/
A person who receives a share or portion of something that has been divided or distributed.
The allottee received a parcel of land as part of the government scheme.
Allottee is formed from "allot" (from Old French *alotir*, meaning to assign or distribute) and "-ee" (meaning a person who receives). The word refers to a person who is assigned or given something, typically a share or portion.
Think of someone who is 'assigned' ('allot') something, and the '-ee' indicates that this person is the one receiving it.