Deferral: meaning, definitions and examples
⏳
deferral
[ dɪˈfɜːrəl ]
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.
- ...
- 16833 evaded
- 16834 phoned
- 16835 prick
- 16836 deferral
- 16837 unchanging
- 16838 vagueness
- 16839 skillfully
- ...