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postpone vt

1 : to put off to a later time
2 : to place later in precedence, preference, or importance
: to subordinate (a lien) to a later lien
post·pon·able adj

post·pone·ment n

Source: Merriam-Webster's Dictionary of Law ©1996. Merriam-Webster, Incorporated. Published under license with Merriam-Webster, Incorporated.