(redirected from provisional)
Also found in: Dictionary, Thesaurus, Medical, Legal, Acronyms, Encyclopedia.


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


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 ?
From June this year, they declared provisional drivers would need a full licence holder alongside them.
Provisional ballots have proven to be a valuable safety net.
The ratio option allows eligible businesses to base their provisional tax payments on their actual sales - so payments will more accurately reflect income.
The call for changes in the teenage driving laws accelerated in the after-math of a crash near Freehold that killed four people, including three teenagers in a car driven by a teenager with a provisional license.
At that time, the certified provisional ballots will be counted and their results will be formally incorporated into the vote totals for all races.
Turkey) argues that international commercial arbitration should be the forum to grant provisional measures and that the proper role of courts is limited to assistance to arbitration and seeks to identify and solve currently existing problems and uncertainties that stand in the way of such a legal regime.
Allen is in provisional first place and leads the way for the pounds 50 thanks to an average of 31.
Campagni and Caponigro (2) accurately describe the requirements of a successful provisional as one that mimics the planned restoration(s) in occlusal and axial morphology as well as aesthetics, while fulfilling its requirements for maintaining tooth position and protecting the tooth structure during function.
8 election, as officials took time to verify nine provisional ballots from residents whose names did not appear a list of local registered voters.
6) with so many voters turning out, serious difficulties arose that accentuated failures in the voter registration system; problems stemming from the lack of standardization of rules for casting and counting of provisional and absentee ballots; inadequate polling place procedures, including poll worker related problems; and problematic voting machine operations.
Hard copy is available of the TAPPI Test Methods, which includes all of the TAPPI Official Test Methods, Provisional Test Methods, Classical Methods, and Standard Practices that are part of the set on the day that the customer's copy is printed.

Full browser ?