carryforward

[kar-ee-fawr-werd]

car·ry·for·ward

[kar-ee-fawr-werd]
noun
2.
(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:
1895–1900; noun use of verb phrase carry forward
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2012.
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Carryforward is always a great word to know.
So is callithumpian. Does it mean:
the offspring of a zebra and a donkey.
a children's mummer's parade, as on the Fourth of July, with prizes for the best costumes.
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