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What is "provision" in economics?
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13 votes
13 votes
What is "provision" in economics?

User Makarand Patil
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22 votes
Definition: A provision is an amount set aside for the probable, but uncertain, economic obligations of an enterprise. A provision is an amount that you put in aside in your accounts to cover a future liability.
User Archz
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16 votes
When the government engaged in the provision of a good directly
User Kkawabat
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