Related Words

Porcupine Provision: Often used in risk arbitrage. See: Shark repellent.

Provisional Call Feature: A stipulation in a convertible issue that allows the issuer to call the issue during the noncall period if the price of the stock reaches a certain level. In the case of convertible securiti . . . View Full Definition

Provisional Ball: (also 'provisional') an additional shot played in a situation where it is believed that the original ball may be out of bounds or lost (the shot is played before leaving the area of the orig . . . View Full Definition

Provision For Income Taxes: An amount on the P & I statement that estimates a company's total income tax liability for the year.

Provisions: One or more accounts set up to account for expected future payments (eg. where a business is expecting a bill, but hasn't yet received it).

Return To Work Provision: To encourage employees to return to work as soon as they become physically able, an additional incentive is usually provided for a certain period of time, and is called a return to work prov . . . View Full Definition

Zero 50-85-92 Provisions: Refers to the 50/85 and 50/92 commodity program provisions for rice and cotton and the 0/85 and 0/92 commodity program provisions for wheat and feed grains that were in effect in various for . . . View Full Definition

Termination Provision: A provider contract clause that describes how and under what circumstances the parties may end the contract.

Service Provision: The stage of the CPS casework process when CPS and other service providers provide specific services geared toward the reduction of risk of maltreatment.

Put Provision: Gives the holder of a floating-rate bond the right to redeem the note at par on the coupon payment date.