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Accrual vs. Provision

Accrual and Provision Definitions

Accrual

The act or process of accumulating; an increase.

Provision

The act of providing or supplying something
The provision of health care.
The provision of rations.

Accrual

Something that accumulates or increases.

Provision

The act of making preparations for a possible or future event or situation
The provision for retirement requires planning.

Accrual

An increase; something that accumulates, especially an amount of money that periodically accumulates for a specific purpose

Provision

Something provided
A fire escape is an important provision in a building.
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Accrual

(accounting) from the creditor's viewpoint, a charge incurred in one accounting period that has not been, but is to be, paid by the end of it.

Provision

Provisions Necessary supplies, such as food and clothing, as for a journey.

Accrual

Accrument.

Provision

A preparatory action or measure
We must make provisions for riding out the storm.

Accrual

The act of accumulating

Provision

A particular requirement in a law, rule, agreement, or document
The constitutional provision concerned with due process.
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Provision

To supply with provisions.

Provision

To take preparatory action or measures
A bank must provision against losses from bad loans.

Provision

An item of goods or supplies, especially food, obtained for future use.

Provision

The act of providing, or making previous preparation.

Provision

Money set aside for a future event.

Provision

(accounting) 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.
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Provision

(law) A clause in a legal instrument, a law, etc., providing for a particular matter; stipulation; proviso.
An arrest shall be made in accordance with the provisions of this Act.

Provision

(Roman Catholicism) Regular induction into a benefice, comprehending nomination, collation, and installation.

Provision

A nomination by the pope to a benefice before it became vacant, depriving the patron of his right of presentation.

Provision

(transitive) To supply with provisions.
To provision an army

Provision

To supply (a user) with an account, resources, etc. so that they can use a system.

Provision

The act of providing, or making previous preparation.

Provision

That which is provided or prepared; that which is brought together or arranged in advance; measures taken beforehand; preparation.
Making provision for the relief of strangers.

Provision

Especially, a stock of food; any kind of eatables collected or stored; - often in the plural.
And of provisions laid in large,For man and beast.

Provision

That which is stipulated in advance; a condition; a previous agreement; a proviso; as, the provisions of a contract; the statute has many provisions.

Provision

A canonical term for regular induction into a benefice, comprehending nomination, collation, and installation.

Provision

A nomination by the pope to a benefice before it became vacant, depriving the patron of his right of presentation.

Provision

To supply with food; to victual; as, to provision a garrison.
They were provisioned for a journey.

Provision

A stipulated condition;
He accepted subject to one provision

Provision

The activity of supplying or providing something

Provision

The cognitive process of thinking about what you will do in the event of something happening;
His planning for retirement was hindered by several uncertainties

Provision

A store or supply of something (especially of food or clothing or arms)

Provision

Supply with provisions

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