How Do You Define Technical Provision?
The definition of Technical Provision is: Necessary conditions for insurers to fulfill their obligations and to guarantee the fulfillment of their obligations to their policyholders.
Literal Meanings of Technical Provision
Meanings of Technical:
In connection with a particular subject, art or profession or technique.
Applied science and industry.
Consequences of mechanical damage.
According to the strict application or interpretation of the law or regulation.
Sentences of Technical
Extraordinary technical feats
The arrest was a technical violation of the agreement
Synonyms of Technical
practical, scientific, applied, applying science, non-theoretical, mechanical
Meanings of Provision:
Something to use Spread or spread something.
The quantity or supply of something.
Terms or requirements in legal documents.
Beneficiaries are usually appointed by the pope, not the boss, and initially before being released.
Provide food, beverages or luggage especially for travel.
Deposit a certain amount in the organization's account for known responsibilities.
Sentences of Provision
New service agreement
Less social benefits
Important provisions of civil law
Consider another example of medieval populism in medieval England.
The Civil Force contractor is responsible for providing the force.
Financial institutions need to provide financial support to cover their credit losses
Synonyms of Provision
supplying, supply, providing, purveying, delivery, furnishing, equipping, giving, donation, allocation, distribution, presentation, facilities, services, amenities, resource, resources, equipment, arrangements, solutions, term, clause, requirement, specification