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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com
income from reversal of provisions
Grammar usage guide and real-world examplesUSAGE SUMMARY
The phrase "income from reversal of provisions" is correct and usable in written English.
You could use it to describe the money that a company earns when its provisions are reversed, such as when it reverses a bad debt provision that was made in a previous period. For example, "The company's income was boosted by a $2 million income from reversal of provisions."
✓ Grammatically correct
Academia
Formal & Business
News & Media
Table of contents
Usage summary
Human-verified examples
Expert writing tips
Linguistic context
Ludwig's wrap-up
Alternative expressions
FAQs
Human-verified similar examples from authoritative sources
Similar Expressions
60 human-written examples
Appropriate implementation of this method eliminates numerical instability arising from reversal of intratubular flow direction.
Academia
Here is the relevant paragraph – clause 161, goods and services: "(2A) An NHS foundation trust does not fulfil its principal purpose unless, in each financial year, its total income from the provision of goods and services for the purposes of the health service in England is greater than its total income from the provision of goods and services for any other purposes".
News & Media
The 2015 earnings picture benefited from a one-time income tax reversal of $27.8 million.
News & Media
The 3.4 percent decline in net income was a reversal of a trend in which Campbell, the world's largest soup maker, increased net income by cutting expenses.
News & Media
Further incomes from the provision of ancillary services in the electricity system.
4 I dissent from the reversal of this judgment.
Academia
The Office for National Statistics calculates this as the average amount of income that people within an area have after taxes, social contributions, income from property ownership, and pension provision.
Science
Time from darting until time of administration of reversal drugs and time from reversal until standing were recorded.
Therefore, late functional recovery from reversible ischemic injury is primarily correlated with reversal of changes in regional geometry, specifically the reversal of diastolic creep.
Academia
The FELDA scheme has tremendously transformed the lives of the landless population through provision of shelter, jobs, income from agribusiness shareholding, and ownership of highly valorised land titles.
Science
Total non-transfer income was computed using exhaustive information on all sources of income: agricultural production and/or sales, salaries, wage work and odd jobs, gifts and remittances, income from rents, profits from trade, service provision, and non-farm enterprises of all sorts.
Science
Expert writing Tips
Best practice
In financial reporting, ensure the "income from reversal of provisions" is appropriately classified and disclosed to comply with accounting standards.
Common error
Avoid incorrectly categorizing "income from reversal of provisions" as part of the core operational revenue. It should be treated as a separate, non-recurring item.
Source & Trust
79%
Authority and reliability
3.5/5
Expert rating
Real-world application tested
Linguistic Context
The phrase "income from reversal of provisions" functions as a noun phrase, identifying a specific type of financial gain. This gain stems from the act of reversing previously established provisions. Ludwig AI indicates its usability in written English, particularly in financial contexts.
Frequent in
Formal & Business
33%
News & Media
33%
Academia
33%
Less common in
Science
0%
Encyclopedias
0%
Wiki
0%
Ludwig's WRAP-UP
The phrase "income from reversal of provisions" describes a financial gain resulting from reversing previously set aside provisions, often in accounting contexts. While grammatically sound and accepted by Ludwig AI, its frequency is currently low. It primarily serves the function of categorizing a specific type of income, aiming for clarity in financial reports. Its use is most appropriate in professional settings. Understanding the contexts and potential alternative expressions, such as "revenue from provision reversals", aids in effective communication within finance and business.
More alternative expressions(6)
Phrases that express similar concepts, ordered by semantic similarity:
revenue from provision reversals
Replaces "income" with "revenue" and reorders the phrase while maintaining the core meaning.
earnings due to reversed provisions
Uses "earnings" instead of "income" and "due to" to indicate causality.
profit arising from reversal of reserves
Substitutes "provisions" with "reserves" and "income" with "profit," emphasizing the financial gain.
gains from the adjustment of provisions
Focuses on the "adjustment" aspect and uses "gains" to highlight the positive financial outcome.
income generated by releasing provisions
Highlights the action of "releasing" provisions as the source of income.
financial benefit from provision adjustments
Emphasizes the "financial benefit" aspect resulting from adjustments to provisions.
positive impact of reversing provisions on income
Shifts the focus to the "positive impact" on overall income.
return from unwinding provisions
Uses "return" to denote the financial yield from "unwinding" the provisions.
proceeds from the cancellation of provisions
Focuses on the "cancellation" of provisions and uses "proceeds" to refer to the resulting income.
credits resulting from provision reversals
Uses "credits" to describe the financial entries created by reversing provisions.
FAQs
How does "income from reversal of provisions" impact a company's financial statements?
It increases the company's reported income for the period in which the reversal occurs. This can improve profitability metrics but should be analyzed carefully, as it may not represent recurring operational performance.
What are some alternative ways to describe "income from reversal of provisions"?
You can use phrases like "revenue from provision reversals", "earnings due to reversed provisions", or "profit arising from reversal of reserves", depending on the context and desired emphasis.
Under what circumstances might a company recognize "income from reversal of provisions"?
This typically happens when a company determines that a previously established provision (e.g., for bad debts, warranty claims, or legal liabilities) is no longer necessary, either because the risk has diminished or the liability has been settled for less than the provisioned amount.
Is "income from reversal of provisions" considered a recurring source of income?
No, it is generally not considered a recurring source of income. It's a one-time event that reflects a change in estimate regarding a prior provision. As such, it should be analyzed separately from the company's core operational revenue.
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Table of contents
Usage summary
Human-verified examples
Expert writing tips
Linguistic context
Ludwig's wrap-up
Alternative expressions
FAQs
Source & Trust
79%
Authority and reliability
3.5/5
Expert rating
Real-world application tested