carry forward

See also: carryforward

English

Pronunciation
  • Audio (AU)(file)

Verb

carry forward

  1. (idiomatic, accounting, of a balance) To transfer to a new page, column, ledger, or similar entity.
  2. (idiomatic, accounting, of an operating loss or other legal credit) To apply to the taxable income of following years, thereby easing the overall tax burden; carry over.
This article is issued from Wiktionary. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.