BusinessAugust 28, 2026
carryforwards
KAIR-ee-for-werdz
Definition
In accounting and taxation, the ability to apply a loss, credit, or deduction from one period to future periods to reduce taxable income.
Etymology
A compound of 'carry' (from Old North French 'carier') and 'forward' (from Old English 'foreweard'), describing the movement of financial data from one accounting timeframe to the next.
In the news
The article mentions that Marvell excludes tax benefits from acquired tax loss and credit carryforwards when calculating its non-GAAP tax rate, as these are specific, non-recurring tax items.
Marvell Technology, Inc. Reports Second Quarter of Fiscal Year 2027 Financial Results
Read the full article ↗Investing News Network