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Word: provision (lookup usage) (lookup stats)


Meaning:

Noun:

  • accounting A liability or contra account to recognise likely future adverse events associated with current transactions.
  • An item of goods or supplies obtained for future use.
  • legal A clause in a legal instrument, a law, etc., providing for a particular matter; stipulation; proviso.
  • Money set aside for a future event.

Source: Wiktionary | Src Info »

Verb:

  • To supply with provisions.

Source: Wiktionary | Src Info »