deferral

Vocabulary Word

Definition
'Deferral' is a slightly formal term that's used when you choose to put something off to a later time or date. For example, you can defer a meeting if you're not ready yet, or defer a decision until much info is available.
Examples in Different Contexts
In software licensing, 'deferral' might relate to postponing a software update. A product manager could convey, 'Given the ongoing tests, we're contemplating a deferral for the next version release.'
Practice Scenarios
Academics

Scenario:

Many students are struggling with the upcoming coursework load. Perhaps a flexible option would be helpful.

Response:

Yes, a deferral for some courses could really help students manage their academic workload better.

Business

Scenario:

Given our current financial status, I think it might be beneficial to reevaluate our budget allocations for the upcoming projects.

Response:

Maybe we can consider a deferral on some project budgets until the next quarter, to balance our financials.

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