IPA: /dɪˈfɜːr.mənt/
KK: /dɪˈfɜr.mənt/
The act of delaying or postponing something, often officially or formally.
He received a deferment for his military service due to his studies.
Deferment → It is formed from "de-" (meaning down or away) and "ferre" (meaning to carry or bring). The word refers to the act of carrying or bringing something down to a later time, hence postponement.
Think of 'bringing down' ('de-') something to a later time ('ferre') — that's why deferment means postponing.