deferred credit
Definition
Prepayment received from customers or tenants, and carried forward as a liability until the associated goods, services, or benefits are delivered. Also called deferred liability or deferred revenue.
Popular 'Accounting & Auditing' Terms
deferred credit in the news
Loading...
This content can be found on the following page:
http://www.businessdictionary.com/definition/deferred-credit.html
