carry-forward definition, carry-forward meaning | English dictionary

Search also in: Web News Encyclopedia Images
Collins

carry forward

  

      vb   tr, adv  
1      (Book-keeping)   to transfer (a balance) to the next page, column, etc.  
2      (Tax accounting)   to apply (a legally permitted credit, esp. an operating loss) to the taxable income of following years to ease the overall tax burden,   (Also)    carry over  
      n  
   carry-forward         
3      (Also called)    carry-over     (Tax accounting)   an amount carried forward  
English Collins Dictionary - English Definition & Thesaurus  
Add your entry in the Collaborative Dictionary.

Advertising