deferred compensation

noun

Legal Definition of deferred compensation

: current compensation (as wages or salary) deferred until a later time usually for the purpose of investment (as in a retirement plan)

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Dictionary Entries Near deferred compensation

deferred annuity

deferred compensation

deferred income

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Cite this Entry

“Deferred compensation.” Merriam-Webster.com Legal Dictionary, Merriam-Webster, https://www.merriam-webster.com/legal/deferred%20compensation. Accessed 27 Oct. 2021.

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