Deferred vs Prepaid - What's the difference?
deferred | prepaid |
Of or pertaining to delay of an action.
Of or pertaining to yielding to someone else's decision or judgment.
(accounting) Of or pertaining to a value that is not realized until a future date, e.g. annuities, charges, taxes, income, either as an asset or liability.
(defer)
As adjectives the difference between deferred and prepaid
is that deferred is of or pertaining to delay of an action while prepaid is paid for in advance.As verbs the difference between deferred and prepaid
is that deferred is (defer) while prepaid is (prepay).deferred
English
Adjective
(en adjective)- requested a deferred payment