among those listed. This is a high-level notion of read-only that
does not prevent all writes to disk.
</para>
+
+ <para>
+ The <literal>DEFERRABLE</literal> transaction property has no effect
+ unless the transaction is also <literal>SERIALIZABLE</literal> and
+ <literal>READ ONLY</literal>. When all of these properties are set on a
+ transaction, the transaction may block when first acquiring its snapshot,
+ after which it is able to run without the normal overhead of a
+ <literal>SERIALIZABLE</literal> transaction and without any risk of
+ contributing to or being cancelled by a serialization failure. This mode
+ is well suited for long-running reports or backups.
+ </para>
</refsect1>
<refsect1>