Definition of carry something forward in English:

carry something forward

phrasal verb

  • 1Transfer figures to a new page or account.

    ‘they allowed the deficit to be carried forward’
    • ‘If the whole £3,000 is not used in any tax year, the balance can be carried forward to the next year.’
    • ‘Up to £3,000 a year in total gifts can be made to one or more people, and if this allowance is not used in one year it can be carried forward to the next tax year.’
    • ‘I must add that no-one does that since any underspends can be carried forward to the following year - another example of good financial management!’
    • ‘The subtotals are carried forward both at the end of each page in the book and at the end of each monthly entry (of income or expenditure).’
    • ‘More customers paid off bills rather than carry the debt forward, he added.’
    • ‘No dividend was paid to the company's French parent and the 2004 profits were carried forward.’
    • ‘To help them do this, some of the 2002/03 underspends were carried forward to 2004 / 05.’
    • ‘As it is possible to carry donations forward for up to five years after the year in which they were made, donations reported for the 2002 taxation year could include donations that were made in any of the five previous years.’
    • ‘The outstanding deficits were carried forward from year to year and not written off and absorbed into Treasury finances.’
    • ‘When no more room remained on a page in the account book, the account would be carried forward to an available page in that or a subsequent book.’
    1. 1.1 Keep something to use or deal with at a later time.
      ‘we carried forward a reserve which allowed us to meet demands’