Category: D

Definition A Deferred Tax Liability is a tax that a business owes, but is not yet required to pay. It arises when there is a

Definition Deferred income tax is a liability that a company owes but has not yet paid to the tax authorities. It arises due to the

Definition Deferred Acquisition Costs (DAC) refers to costs incurred by an insurance company that are associated with acquiring new insurance contracts. These might include commission

Definition Deferred compensation is a portion of an employee’s salary that is set aside to be paid out at a later date. In most cases,

Definition Deferred interest is a finance term that refers to the postponement of interest payments. In this arrangement, the interest that accumulates during the deferment

Definition A deferred annuity is a contract with an insurance company that guarantees income payments at a future date, typically after retirement. The investor makes

Definition Deficit refers to the amount by which a resource, especially money, falls short of what is required. In financial context, it usually means a

Definition A deferred tax asset is a tax reduction that a company anticipates to receive in the future, typically resulting from overpayment or advance payment

Definition Deferred revenue, also known as unearned revenue, refers to advance payments a company receives for products or services that are to be delivered or

Definition A Deficit Spending Unit is a term used in macroeconomics to describe an entity, such as a government, business, or individual, that spends more