carry-forward carry-forward

Definition(s):

  • (n) the accumulated and undivided profits of a corporation after provision has been made for dividends and reserves

Usage(s):

  • A dispensation from the loss carry-forward provisions stands a fair chance in Congress.

News

  • EVSC School Board gets first look at proposed $227 million budget | POLL

    For the first time since 2010, when then-Gov. Mitch Daniels called for major cuts to K-12 and higher education funding, the Evansville Vanderburgh School Corp. is proposing a balanced budget for 2014 without using carry-forward revenues from the previous school year.
    on August 13, 2013     Source: Evansville Courier & Press

Word of the Day
pivotal pivotal
/ˈpɪ və təl /