deferred income

noun

Legal Definition of deferred income

: current income forgone to produce a later higher income (as at retirement)

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Dictionary Entries Near deferred income

deferred compensation

deferred income

deficiency

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Cite this Entry

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

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