Deferred Expense

Business, Legal & Accounting Glossary

Definition: Deferred Expense

Full Definition of Deferred Expense

A deferred expense is an expense incurred which does not apply to the current accounting period. Instead, the expense is debited to a ‘Deferred expenditure’ account in the non-current assets area of a chart of accounts. When such expenditure becomes current, it can then be transferred to the profit and loss account as normal.

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Modern Language Association (MLA):
Deferred Expense. Payroll & Accounting Heaven Ltd. September 22, 2021
Chicago Manual of Style (CMS):
Deferred Expense. Payroll & Accounting Heaven Ltd. (accessed: September 22, 2021).
American Psychological Association (APA):
Deferred Expense. Retrieved September 22, 2021, from website:

Definition Sources

Definitions for Deferred Expense are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th April, 2020 | 1 Views.