Deferment | Mean of deferment in English Dictionary

/dɪˈfɚmənt/

• Noun
• the act of allowing something to be delayed or deferred: such as
• official permission to pay for something at a later time
1. She requested a six-month deferment on her loan.
2. She requested deferment of her loan.
• official permission to do required military service at a later time
1. a draft deferment
2. He received a college/student deferment. [=permission to finish school before entering the military]
3. the policies of military deferment