Credit carry-forward
Term · Insurance and risk management · MLC-T-INS-001020
A feature of a long-term reinsurance treaty that moves a credit or profit from one accounting period into the next, so that the contract's results are measured across several years instead of settling each year on its own. A deficit moved forward the same way is the opposite case.
| Identifier | MLC-T-INS-001020 |
|---|---|
| Field | Insurance and risk management |
Record as JSON
{
"id": "MLC-T-INS-001020",
"term": "Credit carry-forward",
"field": "Insurance and risk management",
"definition": "A feature of a long-term reinsurance treaty that moves a credit or profit from one accounting period into the next, so that the contract's results are measured across several years instead of settling each year on its own. A deficit moved forward the same way is the opposite case.",
"url": "https://mlchart.com/terminology/insurance/credit-carry-forward/"
}
Record 824 of 3,708 in Insurance and risk management terminology (MLC-0106). Request the full dataset.