WikiWord

provision

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/pɹəˈvɪʒ.ən/ English

Definitions

noun

  1. An item of goods or supplies, especially food, obtained for future use.
  2. The act of providing, or making previous preparation.
  3. Money set aside for a future event.
  4. A liability or contra account to recognise likely future adverse events associated with current transactions.“We increased our provision for bad debts on credit sales going into the recession.”

verb

  1. To supply with provisions.“to provision an army”
  2. To supply (a user) with an account, resources, etc. so that they can use a system.

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