CARRY BACK
Dictionary entry overview: What does carry back mean? • CARRY BACK (verb)
The verb CARRY BACK has 1 sense:
1. deduct a loss or an unused credit from taxable income for a prior period
Familiarity information: CARRY BACK used as a verb is very rare.
Dictionary entry details
• CARRY BACK (verb)
Meaning:
Deduct a loss or an unused credit from taxable income for a prior period
Classified under:
Verbs of thinking, judging, analyzing, doubting
Hypernyms (to "carry back" is one way to...):
deduce; deduct; derive; infer (reason by deduction; establish by deduction)
Sentence frame:
Somebody ----s something
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