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Definition 2024


carry_forward

carry forward

See also: carryforward

English

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.