Crossword Genius

Postponement of transaction to acquire unfinished boat (8)

Ross

I believe the answer is:

deferral

'postponement' is the definition.
(I know that postponement can be written as deferral)

'transaction to acquire unfinished boat' is the wordplay.
'transaction' becomes 'deal' (a deal is a transaction or exchange).
'to acquire' indicates putting letters inside.
'unfinished' means to remove the last letter.
'boat' becomes 'ferry' (ferry is a kind of boat).
'ferry' with its last letter removed is 'ferr'.
'deal' placed around 'ferr' is 'DEFERRAL'.

'of' acts as a link.

(Other definitions for deferral that I've seen before include "shelving" , "Postponement" , "Adjournment" .)

I've seen this clue in The Irish Times.
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