Definitions for deferral
dɪˈfɜr əlde·fer·ral

Princeton's WordNetRate this definition:0.0 / 0 votes

1. deferral, recessnoun

   a state of abeyance or suspended business

2. postponement, deferment, deferralnoun

   act of putting off to a future time

WiktionaryRate this definition:1.0 / 1 vote

1. deferralnoun

   An act of deferring, a deferment.

2. deferralnoun

   An accrual.

3. deferralnoun

   A prepayment.

4. Etymology: with ‘r’ doubled to clarify pronunciation.

WikipediaRate this definition:0.0 / 0 votes

1. Deferral

   A deferral, in accrual accounting, is any account where the income or expense is not recognised until a future date (accounting period), e.g. annuities, charges, taxes, income, etc. The deferred item may be carried, dependent on type of deferral, as either an asset or liability. See also accrual. Deferrals are the consequence of the revenue recognition principle which dictates that revenues be recognized in the period in which they occur, and the matching principle which dictates expenses to be recognized in the period in which they are incurred. Deferrals are the result of cash flows occurring before they are allowed to be recognized under accrual accounting. As a result, adjusting entries are required to reconcile a flow of cash (or rarely other non-cash items) with events that have not occurred yet as either liabilities or assets. Because of the similarity between deferrals and their corresponding accruals, they are commonly conflated. Deferred expense: cash has left the company, but the event has not actually occurred yet. Prepaid expenses are the most common type. For instance, a company may purchase a year of insurance. After six months, only half of the insurance will have been 'used' with another six months of the insurance still owed to the company. Thus, the company records half of the payment as an outflow (an expense) and the other half as a receivable from the insurance company (an asset). Deferred revenue: Revenue has come into the company, but the event has still not occurred – it is unearned revenue. A magazine company, for instance, may receive money for a one-year subscription. However, the company has not spent the resources in producing and delivering those magazines and thus accountants record this revenue as a liability equal to the amount of cash received. The magazine company, while now having more cash on hand, also now owes a year of magazines. The amount of each magazine that gets delivered is then taken out of liabilities and recorded as revenue during the economic period in which it actually happens, not just when the company gets paid for it.

ChatGPTRate this definition:0.0 / 0 votes

1. deferral

   A deferral, in general terms, refers to the action or process of delaying or postponing something until a later time or date. This could relate to a range of matters, including payments, decisions, actions or events. In a financial context, deferral often refers to the postponement of a payment or expense, allowing a person or company to delay a monetary transaction without incurring penalties.

WikidataRate this definition:0.0 / 0 votes

1. Deferral

   Deferred, in accrual accounting, is any account where the asset or liability is not realized until a future date, e.g. annuities, charges, taxes, income, etc. The deferred item may be carried, dependent on type of deferral, as either an asset or liability. See also accrual. Unfortunately, the term deferral is also often used as an abbreviation for the terms deferred expense and deferred revenue that share the common name word, but they have the opposite economic / accounting characteristics. ⁕Deferred expense: Expense is recognized after cash is paid out. ⁕Deferred revenue: Revenue is recognized after cash is received.

Matched Categories

1. • Abeyance
   • Delay

How to pronounce deferral?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say deferral in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of deferral in Chaldean Numerology is: 3

2. Pythagorean Numerology

   The numerical value of deferral in Pythagorean Numerology is: 6

Examples of deferral in a Sentence

1. Seth Kleinman from Citi:

   All these project cancellations and deferral and cut backs are setting the world up for tighter oil markets in the medium term (2017-19) unless the record Middle East oil rig count successfully translates into significantly higher production, demand will have its say but from a supply perspective it is hard not to believe the seeds of the next price spike are being sown today.

2. Tara Goodin:

   The FDA will closely monitor the effects of moving to a 12-month deferral for MSM over the next few years in order to help ensure that blood safety is maintained. At the same time, the FDA will continue to review its donor deferral policies to ensure they reflect the most up-to-date scientific knowledge. This process must be data-driven, so the timeframe for future changes is not something we can predict.

3. Chief Executive Robert Martin:

   Our general approach has been to talk about a three-month deferral where we maybe defer around half of their rent and then have them pay back whenever their strong period is later in the year.

4. Daniel Rosario:

   The Commission hopes that a solution will be found to the current deferral.

5. Kevin Cramer:

   Maybe some tax cuts or tax deferral would be in order, but I'm not sure the market's looking for stimulation into the economy. The market is looking for the coronavirus to be solved.

Popularity rank by frequency of use

References

1. ^ Princeton's WordNet
   http://wordnetweb.princeton.edu/perl/webwn?s=deferral
2. ^ Wiktionary
   https://en.wiktionary.org/wiki/Deferral
3. ^ Wikipedia
   https://en.wikipedia.org/wiki/Deferral
4. ^ ChatGPT
   https://chat.openai.com
5. ^ Wikidata
   https://www.wikidata.org/w/index.php?search=deferral