Business / Agriculture / Carryover: The supply of a farm commodity not yet used at the end of a marketing year and carried over into the next marketing year. An excessively large carryover is typically described as a surplus condition that causes prices to fall. When the carryover falls below normal, there may be concerns of a shortage contributing to price escalation.
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Business / Human Resources (HR) / Vacation Carryover: A policy allowing employees to transfer a portion of their current year vacation balances for use in the next year. The amount of time that can be carried over is based on the employer’s policy. MORE