Correct

缓期

/ huǎnqī / 
Strokes

Definition

to defer/to put off (until later)/to postpone

Example

As a Verb

postpone a deadline; suspend; delay; put off

1
Huìyì
会议
yīngù
因故
huǎnqī
缓期
zhàokāi
召开
  
。

For some reason, the conference is postponed.

2
Pànchǔ
判处
sǐxíng
死刑
  
,
huǎnqī
缓期
liǎng
两
nián
年
zhíxíng
执行

sentence to death with a two-year reprieve

3
Huǎnqī
缓期
zhíxíng
执行

suspend the execution of sentence

4
Huǎnqī
缓期
fùkuǎn
付款

delay/defer payment