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proviso (noun) condition for an agreement

A proviso is a condition that one must accept before an agreement can be made. Students get scholarship with the proviso that the scholarship money is used only for the purposes of study. A bank gives a housing loan with the proviso that the site is pledged to the bank until the loan is cleared.

  • The finance company lent him the money with the proviso that at least fifty per cent of the amount must be cleared within the first twenty months of taking the loan. The borrower agreed to the condition, as it was convenient for him too.
  • He was recruited with the proviso that after the period of training he will serve the company for a minimum of two years.
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Last Modified : 11-May 2009
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