tax-deferred
Adjective. escribing something that tax will not be due on until a later time (i.e. taxation is deferred to a later time).This is an unmodified, but possibly outdated, definition from Wiktionary and used here under the Creative Commons license. Wiktionary is a great resource. If you like it too, please donate to Wikimedia.
This entry was last updated on RefTopia from its source on 3/20/2012.