Home > Term: carryover
carryover
To adjust an amount against succeeding amounts, or to transfer it to a next column, page, or period. A loss sustained in the current period, for example, may be set off against (carried over to) a forward-period income for tax purposes.
- Part of Speech: noun
- Industry/Domain: Accounting
- Category: General accounting
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- anton.chausovskyy
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