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deferred payment

deferred payment

1 4.3
An arrangement to give money for something later instead of now
  • noun
  • /dɪˈfɜrdɪd ˈpeɪmənt/
translation icon : pago diferido
  • Until she was able to sell it, she took out a deferred payment with Kent Council to pay for the care home, using Annie's pension to keep the repayment down as far as possible.
  • deferred payment arrangements

Examples

  • Unless such doubt is eliminated, farmers will not allow deferred payments from middlemen.

    Academic text (2017)
  • The contract was signed on the basis of deferred payment financing from Japan's Eximbank.

    Academic text (1991)
  • Yes, that's fine when you're first starting out, but you should also get some kind of deferred payment in case it ever sells.

    Blog text (16)
  • In addition to arrangements for deferred payments and debt rescheduling, Iraq managed to obtain fresh credits from a variety of sources: financial markets, official credits, and multilateral lending institutions.

    Academic text (2001)
  • The federal government is offering interest-free, deferred payment loans to small businesses.

  • Most lawyers who work with startups are willing to work on a deferred payment schedule.

  • Qualifying buyers can receive $2,500 to $5,000 in a deferred payment and a 3 percent interest loan.

Synonyms

credit
vsdeferred payment
3.1

An amount of money you can borrow now and pay back later

focuses on postponing payment for a purchase rather than a general buying arrangement
postponement
vsdeferred payment
19 3.4

A delay that makes an event or activity happen later than planned

is used here to mean delaying payment rather than delaying other events
deferment
vsdeferred payment
11 6.2

A delay that lets something happen at a later time

refers specifically to postponing payment for goods or services
deferral
vsdeferred payment
7 5.8

A delay that moves an event or decision to a later time

applies to postponing payment for purchases rather than general delay
repayment schedule
vsdeferred payment
  • Specialized
1 3.9

An agreed plan showing when and how much to pay back a loan

focuses on postponing initial payment rather than detailing repayment timing
never-never
vsdeferred payment
  • Archaic
1 8.8

To pay for something by small regular payments over time instead of paying all at once

postpones full payment by spreading it over time rather than delaying once
credit order
vsdeferred payment
3.5

An order to get goods or services now and pay later

is a general arrangement that postpones payment to a future date
bill-me order
vsdeferred payment
7.0

An order for goods or services that the customer pays for later

is the overall postponement of payment rather than the billing method

Antonyms

Money you give when you buy something

How Delayed

deferred payment
1 4.3
installment plan
  • US
4 3.2

Surface Forms

Morphology

defer + payment

The meaning 'an arrangement in which payment is postponed' is directly derivable from combining 'deferred' (delayed/postponed) with 'payment' (giving money). This is a straightforward compositional noun phrase following common cross-linguistic patterns, so a B1 learner who knows both constituents would readily understand it.

Etymology

Deferred payment comes from a simple shop idea: the word deferred means 'put off' and payment means giving money, so a seller might let a buyer take an item now and mark the bill as deferred to show they will 'pay later'. That's why it means 'an arrangement to postpone paying'.