Define: Deferred Asset

UK Accounting Glossary

Definition: Deferred Asset


Quick Summary of Deferred Asset


An asset whose benefit is delayed beyond the period expected for a current asset, but which does not meet the definition of a fixed asset.



What is the dictionary definition of Deferred Asset?

Dictionary Definition


Deferred Asset means any Transferred Asset that is not purchased and sold at the Initial Closing.


Full Definition of Deferred Asset




Examples of Deferred Asset in a sentence


To the extent that any Deferred Asset can’t be conveyed without the Consent or Governmental Approval of any Person which Consent or Governmental Approval has not been obtained prior to the Separation Time, this Agreement will not constitute an agreement to Convey the same if an attempted Conveyance would constitute a breach thereof or violate any Law.

The deferred asset was especially beneficial as our balance sheet appreciated the asset’s inclusion in spite of other tax burdening assets.



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Modern Language Association (MLA):
Deferred Asset. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. July 22, 2019 https://payrollheaven.com/define/deferred-asset/.
Chicago Manual of Style (CMS):
Deferred Asset. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/deferred-asset/ (accessed: July 22, 2019).
American Psychological Association (APA):
Deferred Asset. PayrollHeaven.com. Retrieved July 22, 2019, from PayrollHeaven.com website: https://payrollheaven.com/define/deferred-asset/

Definition Sources


Definitions for Deferred Asset are sourced/syndicated from:

  • Oxford Dictionary Of Economics
  • BusinessDictionary.com
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 23rd December 2018.