Associations to the word «Carryback»

Noun

1

Wiktionary

CARRYBACK, noun. (accounting) (taxation) A income tax loss or credit that can be applied to offset previously taxed income or taxes paid, respectively.

Wise words

Words are always getting conventionalized to some secondary meaning. It is one of the works of poetry to take the truants in custody and bring them back to their right senses.
William Butler Yeats