He compounded with his creditors for a postponement of payment.是什么意思？

He compounded with his creditors for a postponement of payment.

他与债权人达成协议延期付款。

he

pron. 他，它，一个人；n. 雄性动物；

例句
Logic had prevailed and he had abandoned the idea.
最终理智占了上风，他打消了那个念头。

compounded

adj. 混[复]合的；v. 混合，组合( compound的过去式和过去分词)；

例句
The problem is compounded by the medical system here.
这儿的医疗体制使问题进一步恶化。

with

prep. 和，跟，随着，关于，和…一致；

例句
A waiter entered with a tray...
侍者端着托盘进来了。

his

pron. (he的所有格)他的，(he的物主代词)他的东西；det. 属于他的，用于名词前，自己的，指某人的，上帝的；

例句
He claimed that his parents had abandoned him...
他声称父母遗弃了他。

creditors

n. 债权人，债主( creditor的名词复数 )；

例句
He had struggled to pay off creditors but couldn't fend them off any longer.
他曾想方设法还债主的钱，但却再也躲不过他们了。

for

prep. 为，为了，倾向于，关于，当作；conj. 因为，由于；

例句
I've come looking for a bit of advice.
我特来讨教。

postponement

n. 延期，推迟，延期的事；

例句
Pressure built yesterday for postponement of the ceremony...
要求推迟仪式的压力昨天进一步增大。

of

prep. 关于，属于…的，由…制成；aux. 助动词 [非标准用语、方言] =have [主用于虚拟语气]；

例句
He did have a real knowledge of the country...
他对该国的确知之甚多。

payment

n. 付款，支付，报酬，报答，偿还，惩罚，报应；

例句
These returns will not be enough to meet the payment of annual bonuses to policyholders.
这些收益不够支付投保人每年分得的红利。