What is DEFERRED DEBIT?

An expense that is prepaid and is carried forward as an asset before it is delivered. AKA deferred asset.

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Related Legal Terms
DEFERRED CREDIT, DEFERRED PROFIT-SHARING PLAN, DEBIT CARD, DEFERRED AIR FREIGHT, DEFERRED EXPENSE, DEBIT, DEFERRED TAX ASSET, DEBIT DATE, DEBIT NOTE, DEBIT SPREAD


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