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"deferred payments" is a correct and usable phrase in written English.
You would use "deferred payments" to indicate that payments are due at a later date, usually due to a special agreement or arrangement. For example, if a customer orders an item from a store but cannot pay the full amount at the time, the store might agree to take a down payment and allow the customer to pay the rest in deferred payments.
Exact(60)
Neither of those offers includes deferred payments.
After retiring, Lemieux began a two-year quest to collect deferred payments he was owed from his playing contracts.
But bills for past choices -- increases in benefits, deferred payments and reliance on an ever-rising stock market -- are coming due.
In the case of AIB, the bonuses that have been stopped were deferred payments granted in 2008 – the year the wheels started to fall off the industry.
She also ran up a debt of $17,000 in student loans, a sum that rose to $20,000 as she deferred payments.
That could be a route the Mets explore, but again, "deferred payments" and "reducing the value" don't seem like terms the Wilpons would jump at.
The terms of the deal would require Hutchison to pay a cash price of 9.25 billion pounds, and a further 1 billion pounds in deferred payments.
Does it offer deferred payments while you are in school?
They help conservatives when they neglect to remind us that pensions are deferred payments for work done.
When companies defer pension contributions, which are tax deductible, they pay higher tax bills — until the companies have to make up all those deferred payments.
The last details regard the structure of deferred payments.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com