carryforwardnoun [ U ]
also carry-forward, carry forward uk/ˌkæriˈfɔːwəd/usACCOUNTING, TAX the practice of treating a company's present profit or loss as if it happened in a later period:
Last year the company's tax rate was less, thanks to its use of a tax loss carry-forward.
UK TAX a rule that allows an employee to count this year's payments into their pension fund as if they were made in the following tax year