Where does provision collide?

In accounting, a provision is an amount recognised in the financial statements to cover a liability or loss that is likely to occur but whose exact size or timing is still uncertain, for example a provision for bad debts or a loan-loss provision. The international standard IAS 37, issued by the IFRS Foundation, defines a provision as a liability of uncertain timing or amount and sets out when it must be recorded, while Beatty and Liao's 2014 review of bank accounting showed how loan-loss provisions are estimated and how they move reported earnings. The referent is a figure booked now as an expense against a probable future obligation, not a clause in a contract, not the feeding of offspring, and not the configuration of computing resources.[1][2]

Unit

A monetary amount set aside for a probable, uncertain future liability

Recovery means

A provision is reversed or adjusted when the estimate changes or the obligation is finally settled

Measured by

Estimated from expected future outflows and recorded as an expense with a matching liability on the balance sheet

In behavioral ecology, provisioning is the supply of food and other resources by a parent to its offspring, or by foragers to their group, and the rate at which it is delivered, the provisioning rate, is a central measure of parental effort. Clutton-Brock's 1991 book The Evolution of Parental Care synthesised how provisioning young trades off against a parent's own survival and future breeding, and how two parents divide the work. The referent is a living animal carrying food to dependents, counted in feeding trips or grams delivered, not a clause in a legal instrument, not a sum reserved in accounts, and not the setup of a server.[3]

Unit

One act, or the rate, of a parent delivering food to its dependents

Recovery means

Not applicable

Measured by

Recorded as feeding-trip frequency, food-load size, or energy delivered per unit time at the nest or den