How Do You Spell DEFERRAL?

Pronunciation: [dɪfˈɜːɹə͡l] (IPA)

Deferral is a noun that describes the act of delaying something. It is spelled /dɪˈfɛrəl/ in IPA phonetic transcription, indicating that it is pronounced with four syllables, starting with the unstressed "dih" sound, followed by a stressed "fuh" syllable, and ending with an unstressed "ruhl" syllable. The spelling of this word is straightforward, with the letters "d-e-f-e-r-r-a-l" representing the sounds in the correct order. It is important to spell words correctly to ensure clear communication and avoid confusion.

DEFERRAL Meaning and Definition

  1. Deferral refers to the act of postponing or delaying something to a later time or date. It is the process of deferring or putting off an action or obligation until a more suitable or convenient moment.

    In the context of finance and accounting, deferral commonly refers to the practice of postponing the recognition of certain expenses or revenues on a company's financial statements. This is done to align the recognition of these items with the period in which they are incurred or earned, as per the accrual accounting principle.

    In the case of expenses, deferral involves recording an expense as an asset initially, and then gradually recognizing it as an expense over time or when certain criteria are met. This can occur with expenditures that relate to prepaid services or products that will be consumed or used up over a period of time, such as insurance premiums or rent payments.

    On the other hand, deferral of revenues involves receiving payment from a customer or client, but postponing its recognition as revenue until the goods or services are delivered or performed. This is often the case with advance payments or deposits for products or services that will be provided in the future.

    Overall, deferral is a strategic accounting practice used to match expenses and revenues with the period in which they are incurred or earned. It allows for a more accurate representation of a company's financial performance and helps in providing useful information for decision-making.

Top Common Misspellings for DEFERRAL *

* The statistics data for these misspellings percentages are collected from over 15,411,110 spell check sessions on www.spellchecker.net from Jan 2010 - Jun 2012.

Other Common Misspellings for DEFERRAL

Etymology of DEFERRAL

The word deferral originates from the verb defer, which emerged in the late 15th century. Defer comes from the Latin word differre, which can be broken down into two parts: di meaning apart or away, and ferre meaning to bear or to carry. Differre has the sense of to carry away or to put off. Over time, defer transformed into a noun form with the suffix -al, resulting in deferral.

Similar spelling word for DEFERRAL

Plural form of DEFERRAL is DEFERRALS

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