provision
noun (FINANCE) /prəˈvɪʒ.ən/Definition
› in a company's accounts (= financial records), an amount of money that is kept in case of a possible future loss: The insurance company made a provision against claims over alleged pension fraud.Accounting make provision for sth › to make arrangements to deal with something, often financial arrangements: He hasn't made any provision for his retirement yet.Planning, expecting and arrangingPlotting and trapping
(Definition of provision noun (FINANCE) from the Cambridge Advanced Learner's Dictionary & Thesaurus
© Cambridge University Press)
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More Results for “provision”
SMART Thesaurus
Synonyms and related words:
- accountancy noun
- accountant noun
- accounting noun
- accounts noun
- auditor noun
- balance verb
- bill noun (REQUEST FOR PAYMENT)
- bill verb (REQUEST PAYMENT)
- capital gains noun
- capital noun (MONEY)
- costing noun
- expenditure noun
- false accounting noun
- GAAP noun
- housekeeping (money) noun
- ledger noun
- liability noun (RESPONSIBILITY)
- line item noun
- loss noun
- set sth against sth phrasal verb (FINANCE)
Topic:
Accounting
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