carryforward
noun[U]
(alsocarry-forward);(carry forward)uk/ˌkæriˈfɔːwəd/usACCOUNTING,TAX
thepracticeoftreatinga company'spresentprofitorlossas if ithappenedin alaterperiod:
Lastyearthe company'staxratewas less,thankstoitsuse of ataxlosscarry-forward.
TAXUK
arulethatallowsanemployeetocountthis year'spaymentsintotheirpensionfundas if they were made in thefollowingtaxyear