The Federal Accounting Standards Advisory Board (FASAB) issued a standard that it said is aimed at resolving problems created, in part, by agencies’ use of different interpretations of “deferred ...

A company share on which dividend payments can be deferred until a later date. If this happens, the deferred payments take priority over any dividends on lower ranked shares until they have been paid.

An expenditure treated as an asset that carries forward until it becomes pertinent to the business at hand, e.g., the underwriting fees on a corporate bond issue, which the corporation capitalizes as ...