an amount of money put aside in accounts for anticipated expenditure where the timing or amount of expenditure is uncertain, often for doubtful debts


The bank has made a £2m provision for bad debts or a $5bn provision against Third World loans.

"...landlords can create short lets of dwellings which will be free from the normal security of tenure provisions" [Times]

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anti-dilution provision
public accounting firm
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European Social Charter
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