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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
1605-1615
1605-15; defer1 + -ment
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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Examples for deferment
  • They wont forgive the loan, but you can get a deferment for now.
  • And because when people are in grad school the loans for undergrad are too oft in deferment.
  • Whenever he heard the sound of gunfire, he immediately asked for a deferment.
  • Student loan deferment options are likewise more generous than a typical credit card, mortgage or car loan.
  • deferment is a period of time when you are not required to make payments on your federal student loan.
  • Lenders are encouraged to review each borrower's possible eligibility for an economic hardship deferment or a military deferment.
  • You'll be ineligible for deferment or forbearance on your loan.
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
deferment
1610s, from defer (1) + -ment. As a word for "conditional exemption from a military draft" it dates to 1918, Amer.Eng., though the thing itself dates back to the Civil War.
Online Etymology Dictionary, © 2010 Douglas Harper
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