What Does Deficit Carry Forward or Carry Back Mean?
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
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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