WordGarden.iorollover
C2Pronunciation
UK
- /rˈəʊləʊvə/
US
- /ˈroʊˌloʊvər/
Meanings
Noun
the transfer or renewal of funds, debt, or account value into a new term or account
an accident in which a vehicle overturns onto its side or roof
a hover-triggered visual or menu effect in a graphical interface or web page
Beyond the definition
Imagine your savings bond is about to end. Instead of taking the money out, you move it into a new bond so it can keep earning interest. That kind of move is called a "rollover."
This word is used most often in finance, especially for retirement accounts, loans, and investments that continue into a new period instead of ending. It can also appear in a very different setting: a rollover accident, where a vehicle tips onto its side or roof. In both cases, the idea is that something does not stay in its original position.
The word "rollover" has several meanings, but the most common ones are easier to follow if you start with the idea of something being carried forward or tipped over into a new position. It is used most often as a noun, especially in finance.
In financial English, a rollover is the transfer of money or debt into a new account, investment, or period without closing the process completely. For example, someone might move money from a 401(k) into an IRA, or renew a short-term loan by pushing it into the next term. In this sense, a rollover often means continuation, renewal, or reinvestment rather than cashing out or stopping.
The word is also common in transport and safety. A rollover accident happens when a vehicle flips onto its side or roof. This meaning is literal and physical, and it is especially common in news reports, safety guides, and insurance language.
You may also see the related verb form, roll over, in sentences about turning over in bed, a dog turning over on command, or an agreement being continued. Those uses are connected, but the noun "rollover" itself is used much more often for finance and vehicle accidents. So, in most real situations, if you see "rollover," think first of money being moved forward into something new or a vehicle turning onto its side or roof.
Examples
- 1
Traffic accident
Two lanes were closed after a rollover on the bridge.
- 2
Mobile data
Our phone plan includes rollover data, so unused gigabytes move to the next month.
- Phraserollover data
unused data that moves to the next month
- 3
Retirement account
She completed a rollover from her old retirement account into a new one.
- Patterna rollover from + old account into + new account
moving money from one account to another
- 4
Contract renewal
Check the gym contract carefully, because it has an automatic rollover after the first year.
- Phraseautomatic rollover
a contract continues unless you cancel it
More examplesFewer examples
- 5
Loan extension
The bank agreed to a rollover of the loan for another six months.
- Domainin banking, a rollover of a loan
extending it instead of paying it back now
See also
Similar
Shades of meaning
- carryover
- refinancing
Contrast
Used with (collocations)
- ira rollover
- loan rollover
- data rollover
- rollover period
Word family
- roll over
Explore
- maturity date
- tax deferral
Forms and spellings
1 form open this card.
Main spelling
- rollovernoun