defer

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defer to (someone or something)

To submit or yield to someone or something. I really need to defer to your mother on this one—she's in charge of all the Thanksgiving plans.
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defer to someone or something (on something)

to yield to someone or something on some question or point. I will defer to Mary on that question. She would not defer to the committee on anything.
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References in periodicals archive ?
In Arnwine, the Fifth Circuit did not question the legitimacy of deferring the proceeds from crop sales.
First, the taxpayers in Busby had emphasized the importance of deferring payment from the outset of the transaction and had conditioned the sale upon such a deferral.
Despite the disadvantages, nonqualified deferred compensation plans are an extremely useful and popular tool for companies to assist highly compensated employees in deferring income to future years.
Sheltered accumulation of income and cash flow management: If the employer is willing to add an inflation or interest factor for the deferred compensation, the employee can often accumulate greater income by deferring compensation.
With the advent of significantly higher individual marginal income rates after the RRA '90 and RRA '93, taxpayers and their advisers have become more interested in nonqualified DCAs as a vehicle for deferring otherwise currently taxable compensation income.
But deferring the time of payment until some indefinite future date has value because the investor has obtained the full value of the investment.
But it would also prevent deferring gain on stock that has appreciated in a very short period since it was acquired, even if the taxpayer's intent was to hold it long-term when it was purchased.
Generally, the deferred compensation is paid to the employee on retirement, thus effectively deferring the tax at least until then.
467 provide little flexibility for deferring or accelerating rental income and deductions without altering the basic economics of the deal.
If the parent corporation is in a continuous AMT situation for the foreseeable future, deferring an FSC dividend defers AMT.
The best timing situation can be achieved by deferring the FSC dividend until there are offsetting ACE decreases.
By deferring salary rather than director fees, a taxpayer may be able not only to defer paying income taxes, but to completely avoid paying Social Security taxes that might otherwise be paid in the year the deferred income is received.