Provision vs Demand - What's the difference?
provision | demand | Related terms |
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.
The desire to purchase goods and services.
*{{quote-magazine, year=2013, month=September-October, author=
, magazine=(American Scientist), title= (economics) The amount of a good or service that consumers are willing to buy at a particular price.
A need.
A claim for something.
*
, title=(The Celebrity), chapter=8
, passage=The humor of my proposition appealed more strongly to Miss Trevor than I had looked for, and from that time forward she became her old self again;
A requirement.
An urgent request.
An order.
(electricity supply) A measure of the maximum power load of a utility's customer over a short period of time; the power load integrated over a specified time interval.
To request forcefully.
To claim a right to something.
* {{quote-magazine, date=2013-06-08, volume=407, issue=8839, page=55, magazine=(The Economist)
, title= To ask forcefully for information.
To require of someone.
(legal) To issue a summons to court.
In lang=en terms the difference between provision and demand
is that provision is a clause in a legal instrument, a law, etc., providing for a particular matter; stipulation; proviso while demand is to issue a summons to court.As nouns the difference between provision and demand
is that provision is an item of goods or supplies, especially food, obtained for future use while demand is the desire to purchase goods and services.As verbs the difference between provision and demand
is that provision is to supply with provisions while demand is to request forcefully.provision
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)
Synonyms
* supply * victualdemand
English
Alternative forms
* demaund, demaunde (obsolete)Noun
(en noun)Michael Sivak
Will AC Put a Chill on the Global Energy Supply?, passage=Nevertheless, it is clear that the global energy demand' for air-conditioning will grow substantially as nations become more affluent, with the consequences of climate change potentially accelerating the ' demand .}}
Usage notes
One can also make demands on someone. * See for uses and meaning of demand collocated with these words.Synonyms
* (a requirement) impositionDerived terms
* demand-driven * in demand * on demandVerb
(en verb)Obama goes troll-hunting, passage=According to this saga of intellectual-property misanthropy, these creatures [patent trolls] roam the business world, buying up patents and then using them to demand extravagant payouts from companies they accuse of infringing them. Often, their victims pay up rather than face the costs of a legal battle.}}