Definition of Provision

actions taken to meet a possible need

Examples of Provision in a sentence

The tax provision ensures lenders will not raise interest rates above a certain percentage.  🔊

Since Ann’s grandfather gifted her with a financial provision in his will, she will never have to worry about money.  🔊

The savings provision will make it easier for parents to put away money for their children’s education.  🔊

In the airline industry, there is a provision that requires oxygen masks to be available for everyone on a flight in case of an emergency.  🔊

All financial institutions must have an insurance provision in case of theft or natural disaster.  🔊

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