Carry-forward (Noun)
Meaning
The accumulated and undivided profits of a corporation after provision has been made for dividends and reserves.
Classification
Nouns denoting possession and transfer of possession.
Examples
- The company's carry-forward was substantial, allowing them to invest in new projects and expand their operations.
- The corporation's carry-forward was reduced significantly after they paid out large dividends to their shareholders.
- The company's financial reports showed a significant increase in their carry-forward over the past year.
- The board of directors decided to use the carry-forward to fund research and development of new products.
- The company's carry-forward was affected by the economic downturn, but they were still able to maintain a healthy balance sheet.