BusinessAugust 10, 2026

deferments

dih-FUR-ments

Definition

Official acts of delaying or postponing the fulfillment of a requirement, payment, or service obligation.

Etymology

Derived from the Latin word 'deferre,' meaning to carry away or delay. It entered English via Old French in the 14th century to describe the act of putting something off to a later time.

In the news

The article uses the term to describe the potential postponement of financial obligations or structural economic pressures facing Iran under new international sanctions. It highlights how these delays serve as temporary stopgaps for a state facing severe economic distress.

Iran’s ‘misery’ index hits record high — and about to get worse under Trump’s latest move

Read the full article ↗

New York Post

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