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Deferred payment   /dɪfˈərd pˈeɪmənt/   Listen
Deferred payment

noun
1.
Arrangement for deferred payment for goods and services.  Synonym: credit.






WordNet 3.0 © 2010 Princeton University








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"Deferred payment" Quotes from Famous Books



... his possessions was a great diamond worth thirty-five thousand pounds, which James I used to borrow for state occasions. The son of that monarch purchased this jewel in 1625 for about half its value and successfully deferred payment for even that reduced sum! Sir Paul, indeed, appears to have been a complacent lender of his wealth to royalty and the nobility, so that it is not surprising many "desperate debts" were owing him on his death. A century and a quarter after that event, that is in 1787, the splendid mansion of the ...
— Inns and Taverns of Old London • Henry C. Shelley



Words linked to "Deferred payment" :   cash, payment



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