Etymology
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postponement (n.)

"act of deferring to a future time," 1770, from postpone + -ment. Johnson (1755) has postponence.

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Definitions of postponement

postponement (n.)
time during which some action is awaited;
Synonyms: delay / hold / time lag / wait
postponement (n.)
act of putting off to a future time;
Synonyms: deferment / deferral
From wordnet.princeton.edu