Differed and Deferred

verb

• Hold back to a later time.
  • usage: "let's postpone the exam"
  • synonyms: postpone, prorogue, hold over, put over, table, shelve, set back, defer, remit, put off
• Yield to another's wish or opinion.
  • usage: "The government bowed to the military pressure"
  • synonyms: submit, bow, defer, accede, give in

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.