Deferred income,

Definition of Deferred income:

  1. General: Income received after the period in which it was earned, such as sales commission that is computed quarterly.

  2. Accounting: Income received or recorded before it is earned, and shown in the income statement only when it can be matched with the period in which it is earned.

Meaning of Deferred income & Deferred income Definition

Deferred Income,

Definition of Deferred Income:

Deferred Income means: The term is used to describe income that will be generated at some point in the future, which is different from tax liability.

Literal Meanings of Deferred Income

Deferred:

Meanings of Deferred:
  1. Moving (an action or event).

Synonyms of Deferred

surrender, knuckle under, acquiesce, give way, delay, capitulate, hold over, submit, give in, accede, put back, put off, hold off, carry over, bow, postpone, adjourn, yield

Income:

Meanings of Income:
  1. Money that is regularly received primarily for work or investment.

Sentences of Income
  1. Have a nice home and a decent income.

Synonyms of Income

salary, emolument, remuneration, earnings, wages, pay, stipend

Deferred Income,

What is The Meaning of Deferred Income?

The term is used to describe income received on a specific date, which delays tax accuracy.

Literal Meanings of Deferred Income

Deferred:

Meanings of Deferred:
  1. In motion (an action or event) in motion.

  2. Introduce or give credit.

Sentences of Deferred
  1. Rely on the superior knowledge of the team.

Synonyms of Deferred

put over, continue, truckle, pigeonhole, suspend, respect, hold in abeyance, agree with, prorogue, shelve, lay on the table, remit, comply with, put on the back burner, honour, put in cold storage, take a rain check on, put on ice, stay, hold over/off, table

Income:

Synonyms of Income

revenue, takings, turnover, take, gains, profits, incomings, money received, means, proceeds, receipts, dividend

Deferred Income,

What is The Meaning of Deferred Income?

A simple definition of Deferred Income is: The term is used to describe income generated on a specific date, which delays tax accuracy.

Literal Meanings of Deferred Income

Deferred:

Synonyms of Deferred

mothball, respite

Income:

Sentences of Income
  1. Have a good home and a decent income.