revenue from provision reversals

USAGE SUMMARY

The phrase "revenue from provision reversals" is correct and usable in written English.
It can be used in financial or accounting contexts to refer to income generated from reversing previously recognized provisions or reserves. Example: "The company's financial report indicated an increase in revenue from provision reversals, contributing positively to the overall profit margin."

✓ Grammatically correct

Human-verified similar examples from authoritative sources

Similar Expressions

60 human-written examples

Time Warner Cable's revenue from its provision of business services increased 22.8% to $2.8 billion and represented 12.4% of its total revenue in 2014.

Forbes

Taxpayers for Common Sense, a watchdog group, criticized the use of 10 years of revenue from such provisions to pay for a two-year transportation bill.

The New York Times

The loss in tax revenue from the transit parity provision is estimated at $220 million, according to the Joint Committee on Taxation.

The New York Times

The innovation was one of their cornerstone developments in earning 32% CAGR in net revenue (after provisions) from 1994 to 2003.

Forbes

Their plan also generates more revenue from businesses and banks through new provisions, and it increases spending on student aid.

The New York Times

Mr. Kennedy said Senate and House leaders had already agreed to some compromises, a provision to recover up to $13 billion in lost revenue from energy companies and a set-aside of some future energy production revenue for rural schools.

The New York Times

Revenue from customized programs for individual companies picked up significantly in 2011, a reversal from the down years of 2009 and 2010.

The New York Times

Mr. Obama was joined by families who have benefited from a provision in the law, which requires health insurers to spend at least 80 percent of the revenue from premiums on medical care rather than on administrative costs.

The New York Times

During the year ended December 31 , 2012 93.86% of the Company's total revenue came from the provision of cleaning services.

Forbes

Revenue from online advertising was also weak.

The New York Times

It will resume getting revenue from Navx.

The New York Times

Expert writing Tips

Best practice

When discussing financial statements, ensure clarity by specifying the exact accounting period to which the "revenue from provision reversals" applies to avoid ambiguity.

Common error

Avoid misrepresenting "revenue from provision reversals" as a consistent or primary source of income; it typically reflects adjustments to prior accounting estimates, not ongoing business operations.

Linguistic Context

The phrase "revenue from provision reversals" functions as a noun phrase describing a specific type of income. As confirmed by Ludwig AI, this phrase is grammatically correct and can be used in financial contexts. It typically appears in financial reports and accounting discussions.

Expression frequency: Missing

Frequent in

Science

0%

News & Media

0%

Formal & Business

0%

Less common in

Science

0%

News & Media

0%

Formal & Business

0%

Ludwig's WRAP-UP

In summary, "revenue from provision reversals" is a grammatically correct term used in financial and accounting contexts to denote income generated from reversing previously recognized provisions or reserves. Ludwig AI confirms its usability. While the phrase is valid, it currently lacks widespread documented usage, indicating a need for careful contextualization in writing. Alternatives like "income from reversed provisions" or "earnings from reversal of provisions" can provide similar meaning. When using the term, it's important to avoid misrepresenting it as a core revenue stream and to clearly specify the relevant accounting period.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

income from reversed provisions

Replaces "revenue" with "income" and slightly reorders the phrase for a more direct construction.

earnings from reversal of provisions

Substitutes "revenue" with "earnings" and uses "reversal of provisions" for a more formal tone.

gains from the release of provisions

Replaces "revenue" with "gains" and "reversal" with "release", focusing on the positive financial impact.

funds generated by reversing provisions

Uses "funds generated" to emphasize the source of the revenue and clarifies the action of reversing provisions.

income resulting from provision adjustments

Focuses on the "adjustments" aspect of provisions, implying a change that leads to revenue.

financial benefit from provision reversals

Highlights the "financial benefit" aspect rather than the specific accounting term of revenue.

proceeds from the cancellation of provisions

Uses "proceeds" to indicate the monetary outcome and "cancellation" to describe the action on provisions.

monetary gains from reversing reserves

Replaces "provisions" with the synonym "reserves", indicating a similar accounting concept.

positive financial impact of reversed provisions

Shifts the focus to the overall "financial impact" rather than the direct revenue.

cash flow from the release of reserves

Emphasizes the impact on "cash flow" and uses "reserves" as an alternative term for provisions.

FAQs

How to use "revenue from provision reversals" in a sentence?

You can use "revenue from provision reversals" in sentences like, "The company's financial report indicated an increase in "income from reversed provisions", contributing positively to the overall profit margin." or "The "earnings from reversal of provisions" significantly boosted the quarterly results."

What does "revenue from provision reversals" mean in accounting?

"Revenue from provision reversals" refers to income recognized when previously established provisions or reserves are reduced or eliminated due to changes in circumstances, such as a decrease in expected liabilities.

What are some alternatives to "revenue from provision reversals"?

Alternatives include "income from reversed provisions", "earnings from reversal of provisions", or "gains from the release of provisions", depending on the specific context and nuance you wish to convey.

How does "revenue from provision reversals" affect a company's financial statements?

It can positively impact a company's income statement by increasing reported earnings. However, it's essential to understand the reasons behind the reversals and whether they reflect genuine improvements in the company's financial health or simply accounting adjustments.