Accrual vs. Provision

Accrualnoun

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

Accrualnoun

(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.

Accrualnoun

Accrument.

Accrualnoun

the act of accumulating

Accrual

Accrual (accumulation) of something is, in finance, the adding together of interest or different investments over a period of time. It holds specific meanings in accounting, where it can refer to accounts on a balance sheet that represent liabilities and non-cash-based assets used in accrual-based accounting.

Provisionnoun

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

Provisionnoun

The act of providing, or making previous preparation.

Provisionnoun

Money set aside for a future event.

Provisionnoun

(accounting) A liability or contra account to recognise likely future adverse events associated with current transactions.

Provisionnoun

(legal) A clause in a legal instrument, a law, etc., providing for a particular matter; stipulation; proviso.

Provisionnoun

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

Provisionnoun

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

Provisionverb

(transitive) To supply with provisions.

Provisionverb

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

Provisionnoun

The act of providing, or making previous preparation.

Provisionnoun

That which is provided or prepared; that which is brought together or arranged in advance; measures taken beforehand; preparation.

Provisionnoun

Especially, a stock of food; any kind of eatables collected or stored; - often in the plural.

Provisionnoun

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

Provisionnoun

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

Provisionnoun

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

Provisionverb

To supply with food; to victual; as, to provision a garrison.

Provisionnoun

a stipulated condition;

Provisionnoun

the activity of supplying or providing something

Provisionnoun

the cognitive process of thinking about what you will do in the event of something happening;

Provisionnoun

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

Provisionverb

supply with provisions