carryovern.adj.
/ˈkarɪˌəʊvə/, U.S. /ˈkɛriˌoʊvər/ A. n.
1. An amount of money, esp. the balance on an account, that has not been used and is available for use at a later time, often in a subsequent financial year; (sometimes) spec. a loss during one tax year used to reduce taxable income in a subsequent year. Cf. carryforward n.
ΘΚΠ
society > trade and finance > management of money > keeping accounts > account or statement of > [noun] > account book > difference between sides > specific
foot1433
fault1665
rest1670
balance (in hand)1771
account balance1789
carryover1873
carryforward1894
overrun1899
carryback1941
1873 Railway News 1 Feb. 139/1 A dividend of 6¼ per cent., and a carry over of £14,870.
1938 Social Res. 5 274 In a tax system that allows for only a limited carryover of losses this method results in higher average taxes for businesses.
1994 Sporting Life 28 Oct. 1/8 The Placepot at Stratford was not won yesterday, leaving a carry-over of £14,368 at Newmarket today.
2016 Norwalk (Ohio) Reflector (Nexis) 28 Jan. (headline) We're in the money! Huron County's $17 million budget, $3.67 million carry-over break records.
2. Stock Market. The postponement of payment for or delivery of purchased stock until the following account day; a transaction postponed in this way. Also occasionally in extended use: any business deferred until the next day, session, etc. Cf. contango n., backwardation n. Now chiefly historical.
ΘΚΠ
society > trade and finance > stocks and shares > [noun] > stock exchange accounting period > postponing payment beyond accounting period
continuation1813
carryover1881
carrying over1888
1881 Freeman's Jrnl. (Dublin) 8 Feb. 3/5 Markets continue dull, the principal business to-day having been in ‘carryovers’ in anticipation of the settlement which will commence tomorrow.
1894 Daily News 29 Jan. 2/5 Grand Trunk stocks are from 2 to 4 per cent. higher than at the last ‘carry over’.
1922 Daily Mail 12 Dec. 3 In view of to-day being the general Carry-over, there was a certain amount of realising.
1928 Daily Express 6 Jan. 6 Every session has its carry-overs, but there seems to be nothing this year to rival the importance of the Trades Disputes Bill.
1973 W. A. Thomas Provinc. Stock Exchanges iv. 85 In Liverpool ‘a widespread of rates’ was the result of private arrangements arrived at before the overall market position for carry-overs was known.
3. Something that remains or results from an earlier state of affairs or a previous version, process, etc.
ΘΚΠ
the world > movement > transference > [noun] > one who or that which is transferred
transfer1839
carryover1885
transferee1892
1885 Bradstreet's 13 June 391/4 A carry-over that is estimated at 300,000 or 400,000 cases.
1937 Life 12 Apr. 75/2 In America the huge wheat carry-overs of the 1920's have been wiped out by crop restriction and four years of drought.
1941 N. Marsh Death & Dancing Footman (1995) vii. 126 He was filled with a strange lassitude, the carryover, he supposed, from half-drowning.
2020 Denver Post (Nexis) 19 Nov. Some of the young vote that went to Biden was probably carryover from their excitement about Bernie Sanders.
B. adj.
In attributive use. That is carried over or transferred from an earlier situation, process, period, etc.
ΚΠ
1880 Daily Evening Bull. (San Francisco) 3 Dec. 3/2 There is now in sight, including the carry over stock for next season, a total of 24,515,500 Bags.
1968 Bull. Entomol. Res. 57 633 Thus there appears to be a carry-over effect to the third year of the damage caused by severe attack in the second year, presumably because the damage takes time to repair.
1990 EMBO Jrnl. 9 3805 (advt.) Proceed with PCR amplification using a reaction mix that is free of carry-over contamination.
2019 Hawke's Bay (N.Z.) Today 8 Mar. a19 When the last of the carryover losses are used up, the property finally pays taxes on its rental income.
Compounds
carryover day n. Stock Market (now disused) the day on which payment for or delivery of purchased stock may be postponed until the following account day by payment of a fee to the broker; = contango-day at contango n.Apparently not commonly used in American stock exchanges.
ΘΚΠ
society > trade and finance > stocks and shares > [noun] > stock exchange accounting period > settlement > settlement day > second day before
carrying-over day1850
carryover day1872
contango-day1887
1872 Glasgow Herald 12 Mar. 6/1 Glasgow stock exchange. The market has been dull to-day, and prices are rather lower, but little doing... This being carry-over day, attention was directed to arranging the account.
1922 Daily Mail 12 Dec. 3 It was Carry-over day in the Mining market, and ‘new-time’ dealing there was on a small scale.
1949 Manch. Guardian 16 Sept. 9/4 Three days of this account remain before carry-over day. Settling day, September 27.
This entry has been updated (OED Third Edition, June 2021; most recently modified version published online December 2021).
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n.adj.1872