1) Use it to ensure an ordered execution of callbacks:
var step1 = new Deferred();
var step2 = new Deferred().done(function() { return step1 });
var step3 = new Deferred().done(function() { return step2 });
step1.done(function() { alert("Step 1") });
step2.done(function() { alert("Step 2") });
step3.done(function() { alert("All done") });
//now the 3 alerts will also be fired in order of 1,2,3
//no matter which Deferred gets resolved first.
step2.resolve();
step3.resolve();
step1.resolve();
2) Use it to verify the status of the app:
var loggedIn = logUserInNow(); //deferred
var databaseReady = openDatabaseNow(); //deferred
jQuery.when(loggedIn, databaseReady).then(function() {
//do something
});