DEFERRED Definition

Bookmark and Share

DEFERRED, in accounting, is any account where the asset or liability is not realized until a future date, e.g. annuities, charges, taxes, income, etc. The deferred item may be carried, dependent on type of deferral, as either an asset or liability.

Learn new Accounting Terms

TRADE DISCOUNT is a producer discount given to retail trade members to assist them in increasing sales of the producers product.

POINT OF is a positional determinant or modifier in that it is either the starting or ending position, e.g. point of sales, point of delivery, point of collection, or point of completed production.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.