Provision meaning in English: In this article, the meaning of the word ‘Provision’ is explained in easy English with examples, along with its synonyms and antonyms.
‘Provision’ pronunciation= proh-vi-zhn, pruh-vi-zhn, pra-vizan
Provision meaning in English
‘Provision’ means “to provide food or drink or equipment or the necessities for
someone.”
The word ‘Provision’ can be a ‘Noun or Verb’.
▪ As a noun ‘Provision’ can mean:
1. The action of providing or supplying something to someone, especially food or drink for future use or for a journey.
2. The act of making previous preparation or making possible arrangements for possible problems of the future.
3. A condition or clause in a legal document, providing for a particular matter.
Finance:
4. ‘Provisions’ in Accounting are an amount set aside to cover a probable future expense or reduction in the value of an asset.
Note: In financial reporting, provisions are recorded as a current liability on the balance sheet and matched to the appropriate expense account on the income statement.
Historical- Christian Church
A nomination by the pope to a benefice before it became vacant, depriving the patron of his right of presentation.
Verb:
As a verb ‘Provision’ can mean:
1. Supply with goods, equipment, food, or drink for future use, especially for a journey.
2. The specific amount set aside from a company’s profits for a known liability.
| ‘Provision’ meaning |
| supply |
| supplying |
| planning |
| preparation |
| purvey |
| proviso |
| allocate |
| rationing |
| setup |
Provision-Example
The word ‘Provision’ can be a ‘Noun or Verb.’
The past tense or past participle of the ‘Provision’ is ‘provisioned’.
The gerund or present participle of ‘Provision’ is ‘Provisioning’.
The plural noun of the word ‘Provision’ is ‘Provisions’.
Sentences that can be formed using the word ‘Provision’ are as follows.
Examples:
▪ A fort had provision of food for 150 men for 45 days.
▪ It’s a two-day journey so we ought to take some provisions with us.
▪ U.S. banks already provisioned for looming recession, analyst says.
▪ Provisioning for five months in the Bahamas for our team.
▪ Adjustment of bad debts and all types of provisions in final accounts profit and loss balance sheet.
▪ Provisions relating to expenses paid before filing a return.
▪ The attempt of equipment provisioning to the army could not be completed due to heavy rain.
▪ A military camp has provisions for 630 men to last for 25 days.
▪ Our Ship stocked up on food provisions for the next voyage.
▪ What do we eat on the ship? what do we have in provision?
▪ A group of 120 men had provisions for 20 days for the journey.
▪ Loading of stuff to the provision of the cruise ship for 2 month’s journey is completed.
▪ How to provision is been stored onboard the ship for the long journey?
▪ Provision for filing return of income and self-assessment.
▪ He made provisions of an umbrella for the upcoming rainy season.
▪ Father made provision for his daughter’s marriage expenses.
▪ Mother makes provision for his children’s lunch when she is going to shopping.
▪ Often provision amounts need to be estimated.
▪ Engineering company is provisioned by an external source.
▪ The bank needs provisions against bad debts.
▪ You need to take all sorts of provisions for possible future problems.
▪ They carried enough provisions with them for the journey.
▪ We have two weeks’ provisions with us for trekking.
▪ The company is responsible for the provision of employees’ healthcare.
▪ There is a provision for health insurance for employees in this company.
▪ There is no provision for employees’ safety in the company.
▪ There is no provision for public transport in this rural area.
▪ In this budget, there is a special provision for farmers and the agriculture sector.
▪ Provision should be made whenever what is anticipated.
▪ In the contract, there is a provision for a 6% rent increase after 11 months.
▪ I can’t leave this company without prior 3-month notice, there is a provision in the contract.
▪ The company made a provision for future unknown expenses.
▪ An arrest shall be made in accordance with the provisions of this Act.
Provision-Synonyms
The synonyms of the word ‘Provision’ are as follows.
| supplying |
| providing |
| allocation |
| arrangements |
| plan |
| catering |
| equipping |
| preparations |
| procurement |
| stock |
| store |
Provision-Antonyms
The antonyms of the word ‘Provision’ are as follows.
| removal |
| taking |
| withhold |
| lack |