What is another word for deferred payment?
Pronunciation:
[ dɪfˈɜːd pˈe͡ɪmənt], [ dɪfˈɜːd pˈeɪmənt], [ d_ɪ_f_ˈɜː_d p_ˈeɪ_m_ə_n_t]
Synonyms for Deferred payment:
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n.
• credit • possession Other relevant words:
- abduce ,
- accredit ,
- acknowledgement ,
- address ,
- adduce ,
- advert ,
- book of facts ,
- bring up ,
- character ,
- character reference ,
- commendation ,
- computer address ,
- consultation ,
- credit rating ,
- default on ,
- default option ,
- defrayal ,
- defrayment ,
- denotation ,
- extension ,
- honorable mention ,
- identification ,
- name ,
- nonpayment ,
- nonremittal ,
- note ,
- observe ,
- point of reference ,
- quote ,
- realisation ,
- realization ,
- refer ,
- reference book ,
- reference point ,
- reference work ,
- remark ,
- requital ,
- shortage ,
- shortfall ,
- source ,
- summon ,
- summons .
How to use "Deferred payment" in context?
Deferred payment is a common way for businesses to delay payment for goods or services. Deferred payment allows businesses to plan for future payments, which can save them money in the short and long term.
When companies defer payment, they often set a specific date for when the invoice must be paid. Most businesses will not allow payments to be made past the due date. If payment is not received by the due date, the business may have to file a lawsuit or take other steps to collect the money.
Word of the Day
- Synonyms:
- divider, segregator, Detailer, Divorcer, Estranger, Isolator, severer.
