set aside vs allot

set aside and allot both are verbs.

Word	Noun	Adjective	Verb	Adverb
set aside	No	No	Yes	No
allot	No	No	Yes	No

As verbs, allot is a hypernym of set aside; that is, allot is a word with a broader meaning than set aside:

Other hypernyms of set aside include assign, portion.

set aside (verb)	allot (verb)
make inoperative or stop	allow to have
give or assign a resource to a particular person or cause	give out
annul (a legal decision)	administer or bestow, as in small portions