Stipulation

Proviso
A proviso is a condition or stipulation which serves to except something from the basic provision, qualify or restrain its general scope, or prevent misinterpretation.
Stipulation
A stipulation refers to a specific term or condition within a written contract, or any set of agreed-upon terms and conditions that establish duties, rights, and responsibilities of the parties involved.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.