deferred sharedeˈferred ˌshare1[countable]FINANCE one of a class of shares where DIVIDENDs are only paid in a particularperiod of time after dividends have been paid on all other classes of sharesAfter a three-year deferral period, the deferred shares become freely tradable.2[countable]FINANCE one of a class of shares which do not pay DIVIDENDs immediately, but pay them later, for example when the companyreaches a particular level of salesManagement may take deferred shares which will convert into ordinary shares when performance targets are reached. →share
