noun
the action of putting something off to a later time; postponement
-
The student requested a deferment of their tuition payment until the following semester.
-
I asked for a deferment on my car loan so I can save up some money first.
-
I'm hoping to get a deferment on my rent this month, things are tight right now.
-
Sometimes it's necessary to seek a deferment on making a decision until all the facts are gathered.