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Definition of provision. (Entry 1 of 2) 1 a : the act or process of providing. b : the fact or state of being prepared beforehand. c : a measure taken beforehand to deal with a need or contingency : preparation made provision for replacements.
Definition of provision. (Entry 1 of 2) 1 a : the act or process of providing. b : the fact or state of being prepared beforehand. c : a measure taken beforehand to deal with a need or contingency : preparation made provision for replacements. “According To Part III, Schedule VI of the Companies Act, 1956, The expression ‘provision’ shall mean (i) any amount written off or retained by way of providing for depreciation, renewals or diminution in value of assets or (ii) retained by way of providing for known liability or which the amount cannot be determined with substantial accuracy.
‘He also warned against taking the company's bad debt provisions at face value.’. Provision Provisions - Provisions Meaning - Provision Examples - Provision in a Sentencehttp://www.iswearenglish.com/ https://www.facebook.com/iswearenglish PROVISIONS MEANING.
statutory provisions - Swedish translation – Linguee
We hope the you have a better understanding of the meaning of Provisions. A Definition of provision_1 noun in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.
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the actual outcome of the unemployment benefit provision system as a whole.
1. a stipulated condition 2. the activity of supplying or providing something 3. the cognitive process of thinking about what you will do in the event of something happening 4. a store or supply of something (especially of food or clothing or arms).
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It is important to remember that any requirements in the product and service provision section of the standard are able to be excluded from your Quality Management System if they do not apply to your business, with adequate explanation as to why.
A liability, in turn, is a present obligation of the entity arising from past events, the settlement of which is expected to result in an outflow from the entity of resources embodying economic benefits.
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English - ID06
to provision an army · (transitive, computing ) To supply (a user) with an account, resources, etc. so that they can use a system .
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Something provided: A fire escape is an important provision in a building. Provision definition is - the act or process of providing. How to use provision in a sentence. provision definition: 1. the act of providing something: 2. supplies of food and other necessary things: 3. a statement….