Home > Glossary > Deferred Income

Meaning / Definition of

Deferred Income

Categories: Finance,

Any income that is received before it is due or before it is earned. Rent paid in advance is an example of deferred income that is received during one accounting period but earned in later accounting period. Interest received that applies to a subsequent period of the loan term is also deferred income. The crediting of the income is deferred until such time as it is earned. Until then, it is listed on a balance sheet as a current liability.

Featured term of the day

Definition / Meaning of

Employee Retirement Income Security Act Stock Drop Litigation

Categories: Insurance,

removed

Most popular terms

1. Special Mobile Equipment
2. Mere Descriptiveness
3. Money Supply
4. Fixed Annuity
5. Office Of Compliance Inspections And Examinations (OCIE)
6. Mortgage (mortgagee) Clause
7. US Savings Bond
8. Inflation-adjusted Principal
9. Education Savings Account (ESA)
10. Money Market Mutual Fund

Search a term

Keyword:

Browse by alphabet

ABCDEFG
HIJKLMN
OPQRSTU
VWXYZ#

Browse by category

Accounting
Banking
Bankruptcy Assistance
Bonds and Treasuries
Brokerages
Business and Management
Compliance and Governance
Credit and Debt
E-commerce
Economics
Estate Planning
Forex
Fraud
Fundamental Analysis
Futures
Global
Insurance
International Trade
Investing and Trading
Ipos
Legal
Loan and Mortgage
Mergers and Acquisitions
Mutual Funds
Operation and Production
Options
Patent
Personnel Management
Real Estate
Retirement and Pension
Statistics and Risk Management
Stocks
Strategies
Tax
Technical Analysis
Venture Capital