Definitions for "deferred revenue"
Deferred Revenue refers to income or income items a business receives but has...
Revenue that is considered a liability until it becomes relevant to the business at hand, such as a payment received for work that has not yet been performed. opposite of deferred charge.
Money received from customers in advance of performance of revenue activities. This amount will be spent on goods or services, or will be repaid to the customer.
Keywords:  deficit, spending
deficit deficit spending
Income that is not recognized for tax and/or accounting purposes in the tax or fiscal year in which it is generated.