What does deferred payment mean?
Definitions for deferred payment
de·ferred pay·ment
This dictionary definitions page includes all the possible meanings, example usage and translations of the word deferred payment.
Princeton's WordNet
credit, deferred paymentnoun
arrangement for deferred payment for goods and services
ChatGPT
deferred payment
A deferred payment refers to an agreement to postpone paying for goods, services, or obligations, usually in exchange for an added interest or fee. It involves setting a future date for the payment to take place, either in instalments or as a lump sum. This financial arrangement is common in loans, mortgages, credit card transactions, and other types of financing.
Matched Categories
Numerology
Chaldean Numerology
The numerical value of deferred payment in Chaldean Numerology is: 9
Pythagorean Numerology
The numerical value of deferred payment in Pythagorean Numerology is: 6
Examples of deferred payment in a Sentence
We are talking to many refiners in China, which are interested in Russian supplies. Chinese refiners, for example, like purchasing oil with deferred payment. Sometimes it doesn't suit Russian producers. So our role is to optimise the process for both sides, we can make a pre-payment, provide funding to a Chinese consumer and coordinate oil supply to a local port.
Translations for deferred payment
From our Multilingual Translation Dictionary
- تاخیر سے ادائیگیUrdu
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"deferred payment." Definitions.net. STANDS4 LLC, 2024. Web. 24 Apr. 2024. <https://www.definitions.net/definition/deferred+payment>.
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