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Deferral: meaning, definitions and examples

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deferral

 

[ dɪˈfɜːrəl ]

Noun
Context #1 | Noun

financial context

Deferral refers to the act of postponing or delaying an obligation or payment. In finance, it often relates to delaying the recognition of revenue or expenses to a future accounting period. This practice can help businesses manage cash flow and financial reporting. Deferrals can also occur in taxation, where individuals or entities may defer tax payments or the recognition of income until a later date.

Synonyms

adjournment, delay, postponement, suspension

Examples of usage

  • The company announced a deferral of its loan payments.
  • My tax filing has a deferral until next month.
  • They requested a deferral on the project deadline.
  • Due to unforeseen circumstances, a deferral of rent was necessary.

Translations

Translations of the word "deferral" in other languages:

🇵🇹 adiamento

🇮🇳 स्थगन

🇩🇪 Aufschub

🇮🇩 penundaan

🇺🇦 відстрочка

🇵🇱 odroczenie

🇯🇵 延期

🇫🇷 report

🇪🇸 aplazamiento

🇹🇷 erteleme

🇰🇷 연기

🇸🇦 تأجيل

🇨🇿 odložení

🇸🇰 odloženie

🇨🇳 延期

🇸🇮 odložitev

🇮🇸 frestun

🇰🇿 құпиялау

🇬🇪 გადავადება

🇦🇿 təxirə salma

🇲🇽 prórroga

Etymology

The word 'deferral' originates from the Middle English term 'deferren,' which means to delay or to put off. This term was derived from the Old French 'differer,' which means 'to differ' or 'to postpone,' itself stemming from the Latin 'differre,' a combination of 'dis-' meaning 'away' and 'ferre' meaning 'to carry or bear.' The evolution of the word reflects historical practices of deferring responsibilities or payments. Over centuries, it has been adopted into various contexts, most notably in finance and accounting, where the strategic deferral of expenses and revenues plays a crucial role in financial management. The use of deferral has grown in complexity and importance with the development of modern accounting standards and practices.

Word Frequency Rank

With rank #16,836, this word belongs to specialized vocabulary. While not common in everyday speech, it enriches your ability to express complex ideas.