carry forward

verb — 2 senses

carry forward

verb
1

Accounting, Business, Finance Idiomatic, Of a balance To transfer to a new page, column, ledger, or similar entity.

2

Accounting, Business, Finance Idiomatic To apply to the taxable income of following years, thereby easing the overall tax burden; carry over.

Of an operating loss or other legal credit

Derived terms
error carried forward

Entry derived from the Wiktionary, under licence CC BY-SA 4.0 — list of authors.