A payment arrangement where the due date is postponed to a later time. Common in business and financial contexts.
Deferred payment is allowed under this contract.
Let's discuss the terms of deferred payment.
exporting on a deferred-payment basis
Standard kanji spelling.
Abbreviated kanji spelling, less common but still used.
Compound of 延べ (nobe, 'extending') and 払い (harai, 'payment'). The kanji 延 means 'prolong' or 'extend', reflecting the postponement of payment.