What is a provision?

1. An article, clause, or stipulation in an agreement, contract, deed, instrument, or statute that ... [BusinessDictionary.com] TERM OF THE DAY JUNE 2, 2016 [provision] [facebook] [twitter] 1. An [article], [clause], or [stipulation] in an [agreement], [contract], [deed], [instrument], or [statute] that explains a specific [condition], effect, implication, [qualification], or requirement. See also [proviso]. 2. To resource/source [Read more] USAGE EXAMPLE Ken thought he wasn't going to get a raise this year, but there was a provision in the union contract which gave everyone a two percent increase. TODAY'S LATEST [InvestorGuide Daily] [SolarCity and First Solar Make a Smart Pair Trade] [It seems like the bankruptcy of SunEdison (SUNE) has rocked the entire solar sector and many of the big names of the solar industry have underperformed the market since SunEdison ...Read more] [InvestorGuide Stock of the Day] [Celator Pharmaceuticals, Inc. (CPXX) Takes off on Takeover Bid] [Shares of Ewing, New Jersey, based Celator Pharmaceuticals, Inc. (CPXX) rose on Tuesday, against the backdrop of a mixed day in stocks overall. Celetor's stock was up 71.59%, ...Read more] RECOMMENDED LINKS [Business Dictionary Recommended] [Government Aide for Minority Small Business Owners] [In the United States, the civil rights movement of the 1960s opened doors for minority entrepreneurs, who had previously been widely marginalized by more ...] [BusinessDictionary.com] [Investor Guide Recommended] [Checking Account vs. Savings Account] [When setting up an account at the bank one of the first questions you will have to answer is whether you would like a checking account or a savings account. Both accounts come with ...] [InvestorGuide.com] [DQ] [Do you believe in UFOs? Why or why not?] [Have something to say? Don't be shy, answer this question and let us know what you think. Feeling adventurous? Then don't stop with one question and continue browsing!] [Daily-Question.com] DOWNLOAD OUR APP [Download BD Android] [Download BD iOS] Copyright 2015 WebFinance Inc. All Rights Reserved. BusinessDictionary.com Term of the Day is published by WebFinance Inc., the operators of [InvestorWords], [InvestorGuide], and [BusinessDictionary], and is sent only to those who have specifically requested it. [MANAGE SUBSCRIPTION] | [DISCLAIMER] 10201 Fairfax Boulevard, Suite 570, Fairfax, VA 22030