How Do You Spell DEFERRALS?

Pronunciation: [dɪfˈɜːɹə͡lz] (IPA)

The word "deferrals" is spelled with two "r"s and one "l". The initial "d" is pronounced as /d/, followed by the short "e" sound /ɛ/ and the consonant blend "f" and "er" which are pronounced as /fər/. The vowel sound in the second syllable is a short "a" /ə/, followed by the double consonant "rr" pronounced as /r/. The final syllable consists of the vowel sound "a" /ə/ and the consonant "l" pronounced as /l/. Thus, the correct spelling of "deferrals" is d-e-f-e-r-r-a-l-s.

DEFERRALS Meaning and Definition

1. Deferrals are a term often used in the financial and business sectors to refer to the action of delaying or postponing certain obligations, activities, debts, or payments to a future date. It is a common practice aimed at managing cash flow or fulfilling contractual agreements in a more convenient or advantageous manner.

   In accounting, deferrals typically occur when revenue or expenses are recognized in financial statements at a later point in time than when they were incurred or earned. For instance, revenue deferrals may occur when an amount received in advance for goods or services is recognized as income only when the goods are delivered or services provided. Similarly, expense deferrals may occur when expenses are incurred but recognized in financial statements over a period of time rather than immediately, such as prepaid insurance or prepaid rent.

   Deferrals can take different forms depending on the specific context. They can involve the deferral of taxes by individuals or businesses, deferral of loan payments, or even deferral of contractual obligations. In some cases, deferrals may be offered as a financial relief option during times of economic uncertainty or hardship.

   Overall, deferrals play a significant role in financial management, providing flexibility, and allowing individuals, organizations, or governments to allocate resources more effectively, align cash flows, and meet financial obligations under more favorable conditions.

Common Misspellings for DEFERRALS

• referals
• referralls
• refereals
• refrrals
• referrrals
• deferal
• referaals
• defferals
• referrls
• deferals
• refererals
• referrall
• refferrals
• deferrels
• deferels
• Teferals

Etymology of DEFERRALS

The word deferrals is derived from the verb defer, which ultimately comes from the Latin word deferre. Deferre is a combination of the prefix de- meaning down or away and the verb ferre meaning to carry or to bear. In the context of deferrals, the word refers to the act of delaying or postponing something to a later time. From the verb defer, the noun form deferral is derived, and when pluralized, it becomes deferrals.

Similar spelling word for DEFERRALS

• deferral.