Be+deferred
131Deferred Acquisition Costs - DAC — Typically used in the insurance industry, this is when a company defers the sales costs that are associated with acquiring a new customer over the term of the insurance contract. Most of the sales costs arise from referral commissions to external …
132Deferred Availability — A delay in the availability of funds to the holder of a commercial bank account upon depositing a check as his/her bank awaits payment from the paying bank. Regulations require banks to limit the hold to no more than two days for local checks and …
