Translation

延期 / 猶予 / 先送り

Meaning

A deferral is an official delay or postponement of a decision, payment, duty, or action. It usually means the matter is not gone; it has been moved to a later time.

Examples

• 彼は学費の支払い猶予を申請しました。
  He requested a deferral of his tuition payment.
• 委員会はその決定の延期を承認しました。
  The committee approved a deferral of the decision.