Deferral for Dummies
noun
pronunciation: dɪ'fɜrəlWhat does Deferral really mean?
Hey there! So, "deferral" means when you postpone something for a later time. It's like hitting the pause button on something and saying, "Hey, let's come back to this later." You might have heard of students deferring their college acceptance, which means they're postponing starting college for a year or so.
Another way to think about deferral is like when you put off doing your homework until the weekend because you want to hang out with friends. You're delaying it for a later time, which is kind of like what deferral means.
There's another definition of deferral, too. It's used in the financial world, and it means delaying payment of a debt. Let's say you borrowed some money from a friend, and they say, "Hey, can you pay me back next month instead?" That's a deferral of the payment, where they're giving you an extension to pay them back.
So, to sum it up, deferral means postponing something for a later time, whether it's starting college, doing your homework, or paying back a debt. It's like hitting the snooze button on something for a little while. Does that make sense now?
Another way to think about deferral is like when you put off doing your homework until the weekend because you want to hang out with friends. You're delaying it for a later time, which is kind of like what deferral means.
There's another definition of deferral, too. It's used in the financial world, and it means delaying payment of a debt. Let's say you borrowed some money from a friend, and they say, "Hey, can you pay me back next month instead?" That's a deferral of the payment, where they're giving you an extension to pay them back.
So, to sum it up, deferral means postponing something for a later time, whether it's starting college, doing your homework, or paying back a debt. It's like hitting the snooze button on something for a little while. Does that make sense now?
Revised and Fact checked by Michael Miller on 2023-11-27 06:25:56
Deferral In a sentece
Learn how to use Deferral inside a sentece
- I had to ask for a deferral on my student loan payment because I couldn't afford it this month.
- The company decided to grant a deferral on the deadline for submitting the project proposal.
- The teacher allowed me a deferral on the exam because I was sick.
- The homeowner requested a deferral on the mortgage payment due to financial difficulties.
- The athlete was granted a deferral on the competition due to injury.
Deferral Synonyms
Words that can be interchanged for the original word in the same context.
Deferral Hypernyms
Words that are more generic than the original word.
Deferral Hyponyms
Words that are more specific than the original word.