provision

(redirected from automated provisioning)
Also found in: Dictionary, Thesaurus, Medical, Legal, Encyclopedia.

Provision

Used in accounting as a charge for an estimated expense or loss.

provision

the sums charged in DOUBLE ENTRY ACCOUNTS against a firm's PROFITS in anticipation of costs which are likely to arise in the future. The most common general provision made by firms is the provision for DOUBTFUL DEBTS which is established in anticipation of some customers not paying what they owe. In addition, a firm may make a specific provision against, say, a damages claim which is presently not yet settled. Provisions are aimed at trying to ensure that profits are not overstated by making sure that all a firm's costs are charged, even those whose precise amount is not yet certain. See REVALUATION PROVISION, DEFERRED TAX.
References in periodicals archive ?
TEL AVIV, Israel, June 27 /PRNewswire-FirstCall/ -- RiT Technologies , the pioneer and world-leading provider of intelligent physical layer management solutions, today announced the availability of the PV4E Automated Provisioning Tool, a major addition to its PatchView for the Enterprise (PV4E) Real-Time Intelligent Physical Layer Management Solution (IPLMS).
JacobsRimell, the leading provider of customer-centric IP service fulfillment solutions, today announces at the SCTE conference the availability of APS(TM) 'QuickStart,' the latest implementation of its innovative Automated Provisioning System (APS).
an industry leader in new generation operations systems and software (NGOSS) and back office automation software for IP service providers, today announced automated provisioning for the MetaSwitch Class 4/5 Softswitch to complement the billing integration announced last year.
SAN DIEGO -- The Addition of Rodopi's Automated Provisioning, Billing and Customer Care Functionality Enables ViaSat to Deliver Turnkey Satellite Broadband Services to Customers Around the Globe
Customers today are faced with increasing requirements for automated provisioning and compliance automation, and require solutions that are simple, fast to deploy, and easy to manage," said Kurt Johnson, vice president of corporate development at Courion.
to provide an Identity Management solution that includes compliance, password management, automated provisioning, and user self service.

Full browser ?