What Does Deficit Carry Forward or Carry Back Mean?

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What does Deficit Carry Forward or Carry Back mean? Read on to discover the definition & meaning of the term Deficit Carry Forward or Carry Back - to help you better understand the language used in insurance policies.

Deficit Carry Forward or Carry Back

Deficit Carry Forward or Carry Back

The transfer of debit or loss from one accounting period to another under a reinsurance treaty.

We hope the you have a better understanding of the meaning of Deficit Carry Forward or Carry Back.

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