carry forward

From Wiktionary, the free dictionary
Jump to navigation Jump to search
See also: carryforward

English[edit]

Pronunciation[edit]

  • (file)

Verb[edit]

carry forward (third-person singular simple present carries forward, present participle carrying forward, simple past and past participle carried 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.