Step 2. Determine the output of your sprinklers. Set out 6 or more straight sided containers of. the same type, spaced evenly on the lawn. Empty tuna cans, cat food cans, or coffee mugs work well. Turn on the sprinklers for 20 minutes and use a ruler to measure (in inches) the depth of water in. each can. Now determine the average depth in all of the cans. Multiply the average depth by 3 to. determine how many inches of water your sprinkler system applies per hour.
deferment period. The period following the issue of a security during which it cannot be called by the issuer. Also called deferred call period, period of call protection, preferred call period. See also call protection.
deferral. In accounting this means to defer or to delay recognizing certain revenues or expenses on the income statement until a later, more appropriate time. Revenues are deferred to a balance sheet liability account until they are earned in a later period. When the revenues are earned they will be moved from the balance sheet account to revenues on the income statement. Expenses are deferred to a balance sheet asset account until the expenses are used up, expired, or matched with revenues. At that time they will be moved to an expense on the income statement.