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deferment

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deferment/dɪˈfɚmənt/noun
pluraldeferments
deferment
/dɪˈfɚmənt/
noun
pluraldeferments
Learner's definition of DEFERMENT  
: the act of allowing something to be delayed or deferred: such as
: official permission to pay for something at a later time
[count]
[noncount]
   b : official permission to do required military service at a later time
[count]
[noncount]
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