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What is a deferral?

What is a deferral? Here are some definitions.

Noun
  1. An act of deferring, a deferment.
  2. An accrual.
  3. A prepayment.
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Examples
Perhaps the Leeds board felt they would win public support by asking the players to share the burden by taking a pay deferral.
The government wants those assets to grow too because the tax deferral ends when the money is withdrawn from the account.
For nationalists and republicans, the further deferral of progress and reform is not an option.
If the violators choose deferred adjudication, the judge typically increases the length of deferral by several months.
For other fathers, deferral co-occurs with descriptions of arranging and planning as a joint responsibility, in which the roles of the two parents are not distinguished.
President John F. Kennedy, lionized by today's supply-siders for his 1963 tax cut, first proposed closing the deferral loophole 40 years ago, when it was a far smaller drain.

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