A deferred payment is one that is delayed, either completely or in part, in order to give the person or business making the payment more time to meet their financial obligations. In accounting terms, any merchant allowing customers to set up a deferred payment agreement will be dealing with accrued revenue.
Here are some examples of deferrals: Insurance premiums. Subscription based services (newspapers, magazines, television programming, etc.) Prepaid rent.
Deferred prosecution is a voluntary diversion program that enables the state to redirect the case from criminal prosecution to a course of rehabilitation.
What Is a Deferral? Rather than rejecting good-fit students with strong profiles, some colleges will defer select early applications to the Regular Decision round. This means they'll be reviewed again within the context of the regular applicant pool as if they hadn't been reviewed previously.
A deferral agreement is a contractual clause allowing parties to postpone certain obligations, such as payments or performance deadlines, to a later date. This type of agreement provides flexibility and temporary relief to parties facing unforeseen circumstances that hinder their ability to fulfill initial terms.
Deferred prosecution is a voluntary diversion program that enables the state to redirect the case from criminal prosecution to a course of rehabilitation.
Deferred Contract means the Executory Contracts (and for the avoidance of doubt, not Unexpired Leases) identified in the Plan Supplement as Deferred Contracts.
A deferred payment is one that is delayed, either completely or in part, in order to give the person or business making the payment more time to meet their financial obligations. In accounting terms, any merchant allowing customers to set up a deferred payment agreement will be dealing with accrued revenue.
A deferral agreement is a legally binding document between parties that agree to postpone a specific action or obligation to a later date.