Is Provision Part Of Current Liabilities

Is Provision Part Of Current Liabilities The meaning of PROVISION is the act or process of providing How to use provision in a sentence

uncountable countable provision for somebody something preparations that you make for something that might or will happen in the future He had already made provisions for A provision is an estimated amount set aside for a liability such as bad debt or income tax where the exact amount of a particular liability is uncertain

Is Provision Part Of Current Liabilities

Is Provision Part Of Current Liabilities
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PROVISION meaning 1 the act or process of supplying or providing something 2 something that is done in advance to prepare for something else A provision is a store or supply of something like food or clothing This noun can also describe the planning you do for quot when something happens quot

Origin of Provision Middle English from Old French forethought from Latin pr v si pr v si n from pr v sus past participle of pr vid re to foresee provide for provide From American Heritage Provision definition a clause in a legal instrument a law etc providing for a particular matter stipulation proviso See examples of PROVISION used in a sentence

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PROVISION meaning 1 the act of providing something for someone 2 to make arrangements to deal with something 3 Learn more Whether it s a specific item resource or measure a provision is designed to meet anticipated needs ensuring that the necessary supplies or solutions are at hand when required Thus the

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