- carryover
- In accounting, using a tax year's deductions, business losses or credits to apply to the following year's tax return to reduce the tax liability. Compare carryback.
Business law dictionary. 2015.
carryover
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carryover — car·ry·over / kar ē ˌō vər/ n: the portion of a deduction (as for a net operating loss) or credit which cannot be taken entirely in a given period and which may be deducted from taxable income of a later period compare carryback Merriam Webster’s … Law dictionary
carryover — Grain and oilseed commodities not consumed during the marketing year and remaining in storage at year s end. These stocks are carried over into the next marketing year and added to the stocks produced during that crop year. Chicago Board of Trade … Financial and business terms
carryover — car|ry|o|ver [ keri,ouvər ] noun singular 1. ) something that is the result of a situation that existed in the past: Getting up early is a carryover from the time when I was in the army. 2. ) an amount of something, especially money, that has not … Usage of the words and phrases in modern English
carryover — car·ry·o·ver (kărʹē ō vər) n. 1. Something transferred or extended from an earlier time or another place: a showing of new fashions as well as carryovers from last spring; a carryover of good will from the previous meeting. 2. Accounting. A sum… … Universalium
Carryover basis — occurs when a property transfer also results in a transfer of the transferor s basis in the property. The transferor s basis in the property carries over to the transferee. Tax law of United States of AmericaCarryover basis, also referred to as a … Wikipedia
carryover basis — see basis 3 Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. carryover basis … Law dictionary
Carryover Basis — A method for determining the tax basis of an asset when it is transferred from one individual to another. Carryover basis is often used when property is given as a gift to someone else and is the method for determining the basis for future tax… … Investment dictionary
Carryover-Effekt — 1. Begriff: Intertemporale Wirkungsübertragung beim Einsatz absatzpolitischer bzw. marketingpolitischer Instrumente, bes. von Werbewirkungen: Ein Teil der Werbewirkung wird nicht im Zeitraum des Instrumenteinsatzes, sondern erst in den… … Lexikon der Economics
carryover — noun Date: 1894 1. the act or process of carrying over 2. something retained or carried over … New Collegiate Dictionary
carryover — noun a) Something whose duration has been extended or that has been transferred to another time b) An amount, especially a sum of money, transferred to a new column in a ledger, or applied to a later time … Wiktionary
carryover — (Roget s IV) n. Syn. holdover, vestige, remains; see remainder … English dictionary for students
