deferral

(redirected from Prepaid expense)
Also found in: Thesaurus, Legal, Financial, Encyclopedia.
Related to Prepaid expense: Accrued Expense

de·fer·ral

 (dĭ-fûr′əl)
n.
Deferment.

de•fer•ment

(dɪˈfɜr mənt)

n.
1. the act of deferring; postponement.
2. a temporary exemption from induction into military service.
[1605–15]
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.deferral - a state of abeyance or suspended businessdeferral - a state of abeyance or suspended business
abeyance, suspension - temporary cessation or suspension
2.deferral - act of putting off to a future time
delay, holdup - the act of delaying; inactivity resulting in something being put off until a later time
adjournment - the act of postponing to another time or place

deferral

noun
The act of putting off or the condition of being put off:
Translations
تأجيل الخِدْمه العَسْكَرِيَّهتَأْجيل، إرْجاء دَعْوى

deferral

[dɪˈfɜːrəl] n [payment] → report m

defer2

(diˈfə) past tense, past participle deˈferred verb
(with to) to act according to the wishes or opinions of another or the orders of authority. I defer to your greater knowledge of the matter.
deference (ˈdefərəns) noun
1. willingness to consider the wishes etc of others. He always treats his mother with deference.
2. the act of deferring.
in deference to
showing respct for. I let him speak first, in deference to his authority.
deˈferment, deˈferral noun
1. delaying; postponement.
2. officially sanctioned postponement of compulsory military service. draft deferment for college students.
References in periodicals archive ?
But companies with workers on the road now have a game-changing option: corporate prepaid expense card programs.
8 million of prepaid expense reduction that, if effective in prior periods, would have been recognized in prior quarters of 2012 as well as in fiscal years 2011 and 2010.
Businesses that integrate the PEX Card Service into their operations experience greater cash flow visibility by making funds disbursements and limiting spending more efficiently than with traditional card services, cash advance, or expense reimbursement policies, according to issuer Prepaid Expense Card Solutions Inc.
As a portion of the prepaid expense becomes due, that portion is allocated to the income statement.
Expenditures that benefit more than one accounting period are debited to an asset account, usually as a current asset called prepaid expense, and at the end of the period, the appropriate amount is transferred to the expense account.
The company also offers small business owners branded reloadable prepaid expense cards for their company's employees as well as reloadable branded payroll debit cards.
Rather than prepaying expenses that span from one fiscal or calendar year to the next and carrying them on your balance sheet until they are fully amortized, businesses can change their accounting method from accrual to cash and claim the total prepaid expense for the preceding year's and this year's entire expense.
Materials or supplies recorded as a prepaid expense.
CardEx currently supports numerous prepaid debit card applications including Gift Cards, Incentive Cards, Payroll Cards, Visa TravelMoney Cards, Cash Cards, Prepaid Expense Cards, and Virtual Accounts, among others.
An accrual-basis taxpayer should be able to deduct up to 8 1/2 months of 1994 dues under the recurring item exception, provided the amount is not material and is not treated as a prepaid expense in the taxpayer's accounting records.
CardEx currently supports numerous prepaid debit card applications including gift, incentive, payroll, travel money, reloadable cash, prepaid expense accounts, government disbursements, teen/family spending, cross border remittance and virtual cards, among others.
As a result, management has not yet completed the required calculations to enable it to determine the overall impact, if any, that the identified revenue recognition and related prepaid expense recognition deficiencies may have on the Company's financial statements for the year ended December 31, 2004 and prior periods.