What does procrastinate mean?
You are correct!
From our dictionary:pro•cras•ti•nate
Pronunciation: (prO-kras'tu-nAt", pru-), [key]
—v., -nat•ed, -nat•ing.
—v.i.
to defer action; delay: to procrastinate until an opportunity is lost.
—v.t.
to put off till another day or time; defer; delay.