Meaning of the word deferred in English

What does deferred mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

deferred

US /dɪˈfɜːrd/
UK /dɪˈfɜːd/

Adjective

postponed or delayed

Example:
The decision on the new project has been deferred until next quarter.
They opted for deferred payment to ease their financial burden.