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Carryout vs Carryforward - What's the difference?

carryout | carryforward |

As nouns the difference between carryout and carryforward

is that carryout is (us) food that is intended to be eaten outside the establishment from which it is bought while carryforward is (accounting|taxation) an income tax loss or credit not usable in the current year that can be applied to offset income or taxes paid, respectively, in subsequent tax years.

carryout

English

Alternative forms

* carry-out

Noun

(wikipedia carryout) (-)
  • (US) Food that is intended to be eaten outside the establishment from which it is bought.

    • Synonyms

    * takeaway (UK, countable'') takeout (''chiefly North America )

    carryforward

    English

    Noun

    (en noun)
  • (accounting, taxation) An income tax loss or credit not usable in the current year that can be applied to offset income or taxes paid, respectively, in subsequent tax years.

    • See also

    * carryback * (Net operating loss)