deferred tax asset
Definition
Use deferred tax asset in a sentence
“ You should try to figure out how much of a deferred tax asset you have and see if you want to hold on. ”
“ The deferred tax asset was especially useful as our balance sheet appreciated the asset's inclusion with the other tax burdening assets. ”
“ After a great year in sales in 2014, my business partner and I decided to use a deferred tax asset on our balance sheets since we had a surplus of money. We used that same asset to pay off most of what we owed this year! ”