# Transferable credit

> Transferable credit — A tax credit the holder may sell for cash to another taxpayer — federal clean-energy credits under §6418, many state film and historic credits; New Jersey's program also lets technology companies sell NOLs.

Source: https://lopifi.com/glossary/transferable-credit
Part of: Lopifi — US GAAP books on autopilot, reviewed by a CPA (https://lopifi.com)

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**What is transferable credit?** In accounting, transferable credit means a tax credit the holder may sell for cash to another taxpayer — federal clean-energy credits under §6418, many state film and historic credits; New Jersey's program also lets technology companies sell NOLs.

## Words this system refuses for it

- refundable credit (paid by the government)

- **Category:** Tax
- **Specified in:** [Lexicon](https://lopifi.com/md/docs/domain/11-lexicon)
- **Related:** credit