carryforward
[ kar-ee-fawr-werd ]
/ ˈkær iˈfɔr wərd /
noun
(in U.S. income-tax law) a special provision allowing part of a net loss or of an unused credit in a given year to be apportioned over one or two subsequent years, chiefly in order to ease the tax burden.
Compare
carry·back.
Origin of carryforward
First recorded in 1895–1900; noun use of verb phrase
carry forward
Words nearby carryforward
carry-out,
carry-over,
carryall,
carryback,
carrycot,
carryforward,
carrying capacity,
carrying charge,
carrying place,
carrying-on,
carrère