Provision: Learn the meaning

Learn the meaning, pronunciation and usage of the word provision in English. Find out how to use it as a noun in different contexts, such as supplying something, making preparations, or referring to a legal condition. pro•vi•sion (prə vizh′ ən), n. a clause in a legal instrument, a law, etc., providing for a particular matter; stipulation; proviso. the providing or supplying of something, esp. of food or other necessities. arrangement or preparation beforehand, as for the doing of something, the meeting of needs, the supplying of means, etc. something provided; a measure or other means for meeting a need. a supply or stock of something provided. provisions, supplies of food. [Eccles.] Religion an ... While studying the balance sheet, students often might have noticed an entry known as provisions, which was listed on the liabilities side of a balance sheet. This article will help you in understanding the concept of a provision in accounting and the need for the creation of such a provision . Legal Terms Dictionary provision - Meaning in Law and Legal Documents, Examples and FAQs A provision , or clause, is a specific rule or condition included in a legal document that outlines what is expected or required from the parties involved. In normal language you would also say " clause " instead of " provision "