Stipulated vs Provision - What's the difference?
stipulated | provision |
Required as a condition of a contract or agreement.
Specified, promised or guaranteed in an agreement.
(stipulate)
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 an adjective stipulated
is required as a condition of a contract or agreement.As a verb stipulated
is (stipulate).As a noun provision is
provision.stipulated
English
Adjective
(-)Verb
(head)Anagrams
*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)