Meaning of the word "deferred payment" in English
What does "deferred payment" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
deferred payment
US /dɪˈfɜːrd ˈpeɪmənt/
UK /dɪˈfɜːd ˈpeɪmənt/
Noun
a payment that is not made until a future date or after a specified period of time
Example:
•
The company offered customers a deferred payment option for large purchases.
•
Many students rely on deferred payment plans for their tuition fees.
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