deferral
B1CEFR level
45/100Rarity: uncommon
TechnicalRegister
Law noun
The postponement of a tax liability to a later period.
The rollover allowed a deferral of the gain until the replacement asset was sold.
Business noun
The postponement of recognizing revenue or expense to a later period.
The upfront license fee sits as deferred revenue and unwinds through the deferral schedule over the contract.
Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.
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