See Also: Tax loss carryback, carryforward(finance)
Tax loss carryback, carryforward(money)
turn-up(dictionary)
turn-off(dictionary)
turn(2)(dictionary)
Turn(medicine)
turn-down(dictionary)
U-turn(dictionary)
Turn(finance)
Turn(money)

Tax loss carryback, carryforward (finance) and re-turn (iou)


Tax loss carryback, carryforward (finance)


A tax benefit that allows business losses to be used to reduce tax liability in previous and or following years.









re-turn (iou)



re-turn verb. LME.
[from RE- + TURN verb.]
verb trans. Turn over, round, or back again. LME.
verb intrans. Turn again; turn back. LME.