izdvajati

1. (+ acc.) to single out; to separate
   Učiteljica uvek izdvaja njegove radove kao najbolje. — The teacher always singles out his work as the best.
   Izdvajamo plastiku od ostalog otpada. — We separate plastic from the rest of the waste.
2. (of money, time) to set aside; to allocate
   Svakog meseca izdvajam deo plate za odmor. — Every month I set aside part of my salary for a holiday.
   Država izdvaja sve manje novca za kulturu. — The state allocates less and less money to culture.
3. (izdvajati se) to stand out
   Ova kuća se izdvaja svojom crvenom fasadom. — This house stands out with its red facade.
   Među studentima se izdvaja po talentu. — She stands out among the students for her talent.

The perfective is izdvojiti; for money the usual pattern is izdvajati za + acc.