Advertisement
Advertisement
carryforward
[ kar-ee-fawr-werd ]
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.
Discover More
Word History and Origins
Origin of carryforward1
First recorded in 1895–1900; noun use of verb phrase carry forward
Advertisement
Advertisement
Advertisement
Advertisement
Browse