PhrasesHub

carried forward

    Definitions

      • continue or advance
        To progress or advance in a positive manner

      • transfer or move
        To shift or relocate something from one place to another

      • extend or expand
        To increase or expand upon a previous idea or concept

    Examples of carried forward

    • The corporation's net loss of $500,00 from the previous year was carried forward to this year's financial statements.

      In accounting terminology, a net loss is a negative profit, which is carried forward to the following year's financial statements. This means that the loss incurred in the previous year is added to the current year's profits or losses to determine the net income or net loss for the current year.

    • The first year of college is often considered the transitional period, as the freshman class adapts to the rigorous academic demands and social challenges of campus life. These experiences are carried forward as they mature and develop a stronger sense of identity and purpose.

      Here, "carried forward" refers to the notion that the lessons learned in the first year of college continue to shape and influence a person's academic and personal development as they progress through their educational journey.

    • The legacy of the civil rights movement continues to be carried forward by modern-day activists fighting for social justice and equality.

      The phrase "carried forward" is often used to describe the continuation or perpetuation of a historical or cultural tradition, idea, or cause. In this example, it refers to the ongoing efforts of individuals and organizations working to promote civil rights and advance social progress.

    • The CEO's vision and strategy for the future of the company were carried forward through the organization's annual planning process.

      Here, "carried forward" means that the company's leadership has successfully communicated and implemented their long-term objectives, which continue to guide and inform the company's decision-making and operations.

    • The company's net loss has been carried forward to the current financial year, which means they can offset it against their current profits to reduce their tax liability.

      In accounting terminology, "carried forward" refers to the practice of transferring an unrealized profit or loss from one accounting period to another. In this case, the company's net loss in the previous year has been transferred to the present year, allowing them to lessen the amount they owe in taxes.

    • Her dedication and hard work have been carried forward into her new job, making her a valuable asset to the company.

      In this context, "carried forward" describes a person's positive qualities or habits that persist over time. The phrase highlights the fact that the individual's previous efforts and accomplishments have not gone to waste, but rather have benefited them and others in their new position.

    • The project's budget was carried forward from the previous year, which meant that we had to make do with fewer resources than originally planned.

      Here, "carried forward" signifies the continuation of a previous resource allocation, in this case, the costs and funds assigned to an ongoing initiative. When a project's budget is carried forward, it's common for there to be less financial support available than what was initially anticipated.

    • The singer's popularity has been carried forward into the digital age, thanks to the enduring appeal of her classic hits.

      This example illustrates how a well-known figure's renowned status can persist through changes in the cultural landscape. The phrase "carried forward" implies that the artist's fame has remained prevalent, despite the advent of new trends and technologies in entertainment.


    Conclusion

    The idiom "carried forward" can convey the idea of moving forward, progressing positively, transferring something, or extending upon a previous idea. It is often used to indicate advancement, growth, or development in various contexts.

    Origin of "carried forward"

    The origin of the idiom "carried forward" can be traced back to accounting practices. In finance, the term is used to refer to the process of transferring a balance from one accounting period to the next. This practice ensures that any remaining balance or profit from the previous period is accounted for and included in the subsequent period's financial statements.

    Over time, the term has evolved beyond its financial origins and is now commonly used in everyday language to describe the continuation or advancement of various actions, ideas, or concepts. The versatility of the idiom allows it to be applied in a wide range of situations where there is a need to convey the idea of progress, transfer, or expansion.