What Does Loss Carryforward Mean?

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What does Loss Carryforward mean? Read on to discover the definition & meaning of the term Loss Carryforward - to help you better understand the language used in insurance policies.

Loss Carryforward

Loss Carryforward

Loss carryforward is an accounting term that refers to the practice of reducing future profits to compensate for the current year's negative income or financial losses.

We hope the you have a better understanding of the meaning of Loss Carryforward.

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