Bequest vs Provision - What's the difference?
bequest | provision |
The act of bequeathing or leaving by will.
The transfer of property upon the owner's death according to the will of the deceased.
That which is left by will; a legacy.
That which has been handed down or transmitted.
A person's inheritance; an amount of property given by will.
An item of goods or supplies, especially food, obtained for future use.
* Francis Bacon
* Milton
The act of providing, or making previous preparation.
Money set aside for a future event.
(accounting) A liability or contra account to recognise likely future adverse events associated with current transactions.
(legal) A clause in a legal instrument, a law, etc., providing for a particular matter; stipulation; proviso.
(Roman Catholic) Regular induction into a benefice, comprehending nomination, collation, and installation.
(UK, historical) A nomination by the pope to a benefice before it became vacant, depriving the patron of his right of presentation.
As nouns the difference between bequest and provision
is that bequest is the act of bequeathing or leaving by will while provision is provision.As a verb bequest
is to give as a bequest; bequeath.bequest
English
Noun
(en noun)Synonyms
* legacy * gift * donationprovision
English
Noun
(en noun)- making provision for the relief of strangers
- And of provisions laid in large, / For man and beast.
- (Shakespeare)
- We increased our provision for bad debts on credit sales going into the recession.
- An arrest shall be made in accordance with the provisions of this Act.
- (Blackstone)