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What does SP stand for?

SP stands for Specific Provision

This definition appears very rarely and is found in the following Acronym Finder categories:

  • Business, finance, etc.

See other meanings of SP

Other Resources:
We have 191 other definitions for SP in our Acronym Attic

Samples in periodicals archive:

In a statement, the central bank said, 'While the counter-cyclical buffer so created would be available to banks for making specific provisions during economic downturns, there is a need for banks to make higher specific provisions also as part of the prudential provisioning framework.
Charts are organized chronologically by AIA document number and edition and broken down into specific provisions with a list of relevant cases and interpretations of the provision.
The rationale for this is that a "broker negotiates just as much when he brings the parties together in such a frame of mind that they can by themselves evolve a plan of procedure as when he himself carries on the discussion and personally induces an agreement to accept a specific provision.