Definition of deferred payment in English:

deferred payment

Line breaks: de|ferred pay|ment

Entry from British & World English dictionary


[mass noun]
  • 1Temporary postponement of the payment of an outstanding bill or debt, usually involving repayment by instalments.
  • 1.1 [count noun] A sum of money paid under a deferred payment arrangement.

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Word of the day kerf
Pronunciation: kəːf
a slit made by cutting with a saw