Carry-over (Noun)
Meaning 1
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 closed the financial year with a significant carry-over, which would be used to fund future projects.
- The audit revealed that the firm had a substantial carry-over, which exceeded the recommended threshold set by the industry regulators.
- The shareholders voted to allocate a portion of the carry-over to establish a new subsidiary.
- The accountant was tasked with analyzing the carry-over to determine the best way to utilize the funds.
- After reviewing the financial statements, the board of directors decided to retain the majority of the carry-over for investment purposes.
Synonyms
Meaning 2
Application of a skill learned in one situation to a different but similar situation.
Classification
Nouns denoting cognitive processes and contents.