Background for provision

provision

/pɹəˈvɪʒ.ən/

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noun

An item of goods or supplies, especially food, obtained for future use.

Examples :

"The family stocked up on provisions for the upcoming camping trip, including canned food and bottled water. "

food item business military aid commerce finance economy essential

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noun

The act of providing, or making previous preparation.

Examples :

"The provision of extra study materials was a thoughtful act by the school. "

action plan organization business government economy essential

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noun

Money set aside for a future event.

Examples :

"My parents set aside a provision for my college education. "

finance business economy essential

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noun

A liability or contra account to recognise likely future adverse events associated with current transactions.

Examples :

"We increased our provision for bad debts on credit sales going into the recession."

business finance economy essential

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noun

A clause in a legal instrument, a law, etc., providing for a particular matter; stipulation; proviso.

Examples :

"An arrest shall be made in accordance with the provisions of this Act."

law government essential

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noun

Regular induction into a benefice, comprehending nomination, collation, and installation.

Examples :

"The professor's provision to the dean's office ensured the new teacher's official induction into the teaching position. "

religion government law essential

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noun

A nomination by the pope to a benefice before it became vacant, depriving the patron of his right of presentation.

Examples :

"The bishop's provision for the new parish priest was controversial, as it bypassed the town's right to choose their own pastor. "

religion history law government essential

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verb

To supply with provisions.

Examples :

"to provision an army"

aid service business economy essential

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verb

To supply (a user) with an account, resources, etc. so that they can use a system.

Examples :

"The school will provision new students with access codes so they can log in to the online learning platform. "

technology computing system internet service essential