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Provision vs Agreement - What's the difference?

provision | agreement |

As nouns the difference between provision and agreement

is that provision is an item of goods or supplies, especially food, obtained for future use while agreement is an understanding between entities to follow a specific course of conduct.

As a verb provision

is to supply with provisions.

provision

English

Noun

(en noun)
  • An item of goods or supplies, especially food, obtained for future use.
  • * Francis Bacon
  • making provision for the relief of strangers
  • * Milton
  • And of provisions laid in large, / For man and beast.
  • The act of providing, or making previous preparation.
  • (Shakespeare)
  • Money set aside for a future event.
  • (accounting) A liability or contra account to recognise likely future adverse events associated with current transactions.
  • We increased our provision for bad debts on credit sales going into the recession.
  • (legal) A clause in a legal instrument, a law, etc., providing for a particular matter; stipulation; proviso.
  • An arrest shall be made in accordance with the provisions of this Act.
  • (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.
  • (Blackstone)

    Verb

    (en verb)
  • To supply with provisions.
  • Synonyms

    * supply * victual

    agreement

    English

    Noun

  • (countable) An understanding between entities to follow a specific course of conduct.
  • * {{quote-magazine, date=2013-07-19, author=(Timothy Garton Ash)
  • , volume=189, issue=6, page=18, magazine=(The Guardian Weekly) , title= Where Dr Pangloss meets Machiavelli , passage=Hidden behind thickets of acronyms and gorse bushes of detail, a new great game is under way across the globe.
  • (uncountable) A state whereby several parties share a view or opinion; the state of not contradicting one another.
  • (uncountable, legal) A legally binding contract enforceable in a court of law.
  • (uncountable, linguistics) Rules that exist in many languages that force some parts of a sentence to be used or inflected differently depending on certain attributes of other parts.
  • *
  • Having clarified what we mean by ‘Person? and ‘Number?, we can now return to our earlier observation that a finite I is inflected not only for Tense, but also for Agreement . More particularly, I inflects for Person and Number, and must ‘agree? with its Subject, in the sense that the Person/Number features of I must match those of the Subject.
  • An agreeable quality.
  • * 1650 , (John Donne), "Elegie XVII":
  • Her nymph-like features such agreements have / That I could venture with her to the grave [...].

    Synonyms

    * (An understanding to follow a course of conduct) concord, convention, covenant, meeting of the minds, pact, treaty * (A state whereby several parties share a view or opinion) congeniality, concurrence, harmony, accord * (A legally binding contract) settlement * concord * (An agreeable quality) amenity, pleasantness, niceness

    Derived terms

    * agreement coorporation * agreement in principle * Buttonwood Agreement * collective agreement * concession agreement * framework agreement * gentleman's agreement * heads of agreement * in agreement * interest rate agreement * knock-for-knock agreement * letter agreement * margin agreement * Multilateral Agreement * nondisclosure agreement * option agreement * partnership agreement * prenuptial agreement * purchase agreement * sales agreement * Schengen Agreement * security agreement * service level agreement * single union agreement * Smithsonian Agreement * standby agreement * standstill agreement * strike an agreement with * subordination agreement * subscription agreement * throughput agreement * tolling agreement * tripartite agreement * underwriting agreement * working agreement

    Hyponyms

    * (An understanding to follow a course of conduct) conspiracy

    See also

    * consent, approval

    See also

    * consensus * (wikipedia)

    Statistics

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