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carry back

   Also found in: Legal, Acronyms, Idioms, Wikipedia 0.02 sec.
carry back Tax accounting
vb
(Economics, Accounting & Finance / Accounting & Book-keeping) (tr, adverb) to apply (a legally permitted credit, esp an operating loss) to the taxable income of previous years in order to ease the overall tax burden
n carry-back
(Economics, Accounting & Finance / Accounting & Book-keeping) an amount carried back
ThesaurusLegend:  Synonyms Related Words Antonyms
Verb1.carry back - deduct a loss or an unused credit from taxable income for a prior period
deduct, subtract, take off - make a subtraction; "subtract this amount from my paycheck"
Translations
? carry back
vt sep (fig) personzurückversetzen (→ to in +acc)


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? Mentioned in ? References in classic literature
 
To be able to carry back to their far homes the boast that they had seen the man who could command the sun, riding in the heavens, and be obeyed, would make them great in the eyes of their neighbors, and envied by them all; but to be able to also say they had seen him work a miracle themselves -- why, people would come a dis- tance to see THEM.
This drawer I beg of you to carry back with you to Cavendish Square exactly as it stands.
They will spread the story of our victory far and wide, and while they are with us, we will let them see and hear many other wonderful things which they may carry back to their friends and their chiefs.
 
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