deferral

[dih-fur-uhl]

noun

1. the act of deferring or putting something off until later; postponement.

   If you are unable to take the exam, you can request a deferral of your registration fees to the next exam date.

2. deferment.

Word History and Origins

Origin of deferral¹

First recorded in 1890–95; defer ¹ + -al ²

Example Sentences

But the magnitude was likely “a little more than expected,” with executive commentary suggesting that consumers are only undertaking smaller, maintenance-oriented projects and staying in a “deferral mindset” when it comes to bigger renovations.

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Lenders reporting payments to credit-reporting bureaus typically mark deferred payments for consumers enrolled in hardship programs with a special code indicating “no information” or “deferral,” which does not hurt their credit.

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But Treasury Secretary Scott Bessent said Sunday that he anticipated a deferral of those curbs, after the two leaders meet in South Korea on Thursday.

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The potential deferral of China’s export curbs could negatively impact rare-earths sector shares but will not stop Western development of these materials.

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I bonds offer tax deferral on interest income until redemption and are exempt from state and local income taxes.

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Related Words

• deferment 
• postponement