deferment


de·fer·ment

noun \di-ˈfər-mənt\

: official permission to pay for something at a later time

: official permission to do required military service at a later time

Full Definition of DEFERMENT

:  the act of delaying or postponing; specifically :  official postponement of military service

Examples of DEFERMENT

  1. She requested a six-month deferment on her loan.
  2. She requested deferment of her loan.
  3. the policies of military deferment

First Known Use of DEFERMENT

1607

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