noun car·ry·back \ˈka-rē-ˌbak, ˈker-ē-\

Definition of CARRYBACK

:  a loss sustained or a portion of a credit not used in a given period that may be deducted from taxable income of a prior period

First Known Use of CARRYBACK



Next Word in the Dictionary: carry bagPrevious Word in the Dictionary: carry awayAll Words Near: carryback
April 24, 2015
tyro Hear it
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