What Is Provision Mean?

What are provisions of an act?

A provision of an Act or instrument is any words or anything else that forms part of the Act or instrument.

Examples—provisions consisting of groups of words.

sections, subsections, paragraphs, subparagraphs, sub-subparagraphs, examples.

Examples—provisions consisting of groups of other provisions..

How do you use the word provision?

Kids Definition of provision1 : a stock or store of supplies and especially of food —usually used in pl. We have provisions to last us a week.2 : the act of supplying the provision of food.3 : condition entry 1 sense 2 the provisions of a contract.4 : something done beforehand Make provision for emergencies.

Is potato a provision?

Typically, the vegetables that fall under the banner of ground provisions include yams, dasheen, sweet potatoes, eddoes, cassava and tannia. But when Caribbean people broadly speak of provisions, they tend also to mean green bananas, plantains and breadfruit.

What is the root word of provision?

from Latin provisionem (nominative provisio) “a foreseeing, foresight, preparation, prevention,” noun of action from past participle stem of providere “look ahead” (see provide). Meaning “something provided” is attested from late 15c.; specific sense of “supply of food” is from c. 1600. provision (v.)

What is provision app?

Provision CAM App For Android & iOS Smartphones Provision Cam2 is a free application for iOS & Android devices. It is compatible with all NVRs, DVRs and static IP Cameras.

What is divine provision?

Divine provision is provision for life. God’s purpose is that we should live life – His life – in all its fullness and abundance. The material and financial things of this world are simply the means to this end. They’re a tool to empower us, one small part of His divine provision.

What does dexterity mean?

1 : readiness and grace in physical activity especially : skill and ease in using the hands manual dexterity. 2 : mental skill or quickness : adroitness.

What is provision example?

Examples of provisions include accruals, asset impairments, bad debts, depreciation, doubtful debts, guarantees (product warranties), income taxes, inventory obsolescence, pension, restructuring liabilities and sales allowances. Often provision amounts need to be estimated. … Why Are Provisions Created?

What does no provision mean?

1 the act of supplying or providing food, etc. 2 something that is supplied or provided. 3 preparations made beforehand (esp.

What are provisions in food?

noun. the act of supplying or providing food, etc. something that is supplied or provided. preparations made beforehand (esp in the phrase make provision for)

How does a provision work?

Definition: A provision is an amount set aside for the probable, but uncertain, economic obligations of an enterprise. A provision is an amount that you put in aside in your accounts to cover a future liability. … When accounting, provisions are recognized on the balance sheet and then expensed on the income statement.

What is meant by service provision?

The act of performing a task for a business or person that wants or requires it in exchange for acceptable compensation. A business that specializes in some form of service provision usually needs to have qualified staff members on hand that are regularly available to perform the services that it offers to consumers.

What are the characteristics of a provision?

A provision shall be recognized if the following criteria are fulfilled:an entity has a present obligation as a result of a past event;it is probable that an outflow of resources embodying economic benefits will be required to settle the obligation;a reliable estimate can be made of the amount of the obligation.More items…

How provisions are created?

Provisions are created by recording an expense in the income statement and then establishing a corresponding liability in the balance sheet.

What is the synonym of provision?

SYNONYMS. supplying, supply, providing, purveying, delivery, furnishing, equipping, giving, donation, allocation, distribution, presentation. 2’there has been limited provision for gifted children in the past’

What does it mean to provision a device?

The term provisioning for a device means to evolve a device to a state in which it can be handed off to an end-user, or end-user team, for their specific use in a functional manner. In general, provisioning means providing or making something available. The term is used in a variety of contexts in IT.

What means make provision?

an arrangement or preparation made beforehand, as to meet needs. 4. a clause in a law, legal instrument, etc., providing for something; stipulation; proviso.

What are the types of provisions?

Types of Provisions in AccountingRestructuring Liabilities.Provisions for bad debts.Guarantees.Pension.Depreciation.

What is the difference between groceries and provisions?

Grocery/groceries = items of food sold in a grocer’s shop such as flour ,sugar, tinned food etc. Green grocer = shopkeeper selling vegetables and fruit. Related usages : to the grocer/to the grocer’s = to the grocer’s shop.

What are provisions in a contract?

A contract provision is a stipulation within a contract, legal document, or a law. A contract provision often requires action by a specific date or within a specified period of time. Contract provisions are intended to protect the interests of one or both parties in a contract.

What does provision of information mean?

1 the act of supplying or providing food, etc. 2 something that is supplied or provided. 3 preparations made beforehand (esp. in the phrase make provision for)