deferred credit — UK US noun [C] (also deferred income [U], also deferred revenue [U]) ► ACCOUNTING money that has been received by a business but has not yet been shown in the accounts as income, for example, payment in advance for goods that have not yet been… … Financial and business terms
deferred credit — deferred liability Income received or recorded before it is earned, under the accruals concept The income will not be included in the profit and loss account of the period but will be carried forward on the balance sheet until it is matched with… … Big dictionary of business and management
Deferred Credit — Income that is received by a business but not immediately reported as income. Typically, this is done on income that is not fully earned and, consequently, has yet to be matched with a related expense. Such items include consulting fees,… … Investment dictionary
deferred credit — noun or deferred income or deferred liability : income received but not yet earned * * * deferred credit noun (bookkeeping) An item on a balance sheet denoting a value that will flow into a future period s profit and loss account instead of the… … Useful english dictionary
deferred income — ➔ income * * * deferred income UK US noun [U] ► ACCOUNTING DEFERRED CREDIT(Cf. ↑deferred credit) … Financial and business terms
credit transactions — In the context of directors loans a hire purchase or conditional sale agreement, a lease or hire agreement or the supply of goods or services on deferred credit terms (Section 330 344 Companies Act 1985). Easyform Glossary of Law Terms. UK law… … Law dictionary
credit — an entry made on the right hand side of an account and indicating a gain to a liability, owner s equity or revenue account. Glossary of Business Terms money loaned. Bloomberg Financial Dictionary * * * ▪ I. credit cred‧it 1 [ˈkredt] noun 1.… … Financial and business terms
Credit — Money loaned. The New York Times Financial Glossary * * * ▪ I. credit cred‧it 1 [ˈkredt] noun 1. [uncountable] COMMERCE an arrangement with a shop, supplier etc to buy something now and pay for it later: • They are saving for new furniture… … Financial and business terms
deferred income — See: deferred credit … Accounting dictionary
deferred liability — See: deferred credit … Accounting dictionary
