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deferment

[dih-fur-muh nt] /dɪˈfɜr mənt/
noun
1.
the act of deferring or putting off; postponement.
2.
a temporary exemption from induction into military service.
Origin of deferment
1605-1615
1605-15; defer1 + -ment
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Based on the Random House Dictionary, © Random House, Inc. 2015.
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British Dictionary definitions for deferment

deferment

/dɪˈfɜːmənt/
noun
1.
the act of deferring or putting off until another time; postponement
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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Word Origin and History for deferment
n.

1610s, from defer (v.1) + -ment. As a word for "conditional exemption from a military draft" it dates to 1918, American English.

Online Etymology Dictionary, © 2010 Douglas Harper
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