deferred compensation

deferred compensation definition - business

deferred compensation

Compensation that is being earned but not received, a process that defers the taxes on the compensation until it is actually received. Deferred compensation includes various plans, some being pensions, profit-sharing, and stock options.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

Comments
Improve this definition.
Do you have more to add? Share your linguistic knowledge or observation.
/Register to save your comments.