Definition of rollover in English:

rollover

noun

  • 1Finance
    The extension or transfer of a debt or other financial arrangement.

    ‘investments would be returned after four months unless a rollover was requested’
    [as modifier] ‘group rollover relief’
    • ‘This includes after-tax amounts, provided these amounts are transacted as direct rollovers.’
    • ‘The main advantage of a rollover is that you usually get more investment choices and better control over your savings.’
    • ‘This division is treated as a non-taxable transaction, which could be a transfer or rollover, depending on the financial institution.’
    • ‘But the company said the amount represented the rollover of a loan which was not part of turnover.’
    • ‘He was about to roll his IRA rollover into a new profit-sharing plan from his new business venture.’
    • ‘If you miss the deadline because your financial institution bungled the rollover, you may be eligible for an automatic waiver, which means you don't have to apply for relief.’
    • ‘One concern is that if the terminated plan had a disqualifying defect, any plan that accepts its rollovers runs the risk of being disqualified as well.’
    • ‘Of course, before you elect to roll over amounts to your new employer's retirement plan, check with the plan administrator that the plan has been designed to accept rollovers.’
    • ‘The 6% excise tax may also apply to ineligible rollovers unless they are corrected in a timely manner.’
    • ‘He declined to comment on the two individual debt rollovers.’
    • ‘An employee may avoid the 20% withholding if the distribution is processed as a direct rollover to a Traditional IRA.’
    • ‘Should you later decide to roll over assets you received as an indirect rollover, you may either roll over the amount you received or roll over the total amount distributed.’
    1. 1.1British (in a lottery) the accumulative carry-over of prize money to the following draw.
      ‘the lottery jackpot rollover is close to £4 million’
      • ‘To ensure that rollovers would push the jackpots even higher, they made the game ridiculously hard to win.’
      • ‘She had never won anything in her life, so it's safe to say she was surprised when she scooped the rollover jackpot.’
      • ‘The Lottery system is designed to have lots of rollovers, large jackpots, and single winners.’
      • ‘When the business floats later this month, she and work partner will be rich beyond the dreams of even a rollover lottery winner.’
      • ‘That was when the jackpot began the first of its nine rollovers and steadily grew up to €115m.’
  • 2informal The overturning of a vehicle.

    ‘it gives extra protection in side impacts and rollovers’
    [as modifier] ‘a rollover bar’
    • ‘The main reason is that SUVs carry a high risk of rollover; 62 percent of SUV deaths in 2000 occurred in rollover accidents.’
    • ‘Emergency swerves to avoid a crash can themselves lead to rollover accidents.’
    • ‘The theory ignores the fact that SUVs present significant rollover risk in accidents, making them just as dangerous overall as passenger cars.’
    • ‘Specifically the increase has been in single-vehicle run-off-road crashes such as rollovers or impacts with fixed objects.’
    • ‘The vehicle offers numerous safety options, including rollover sensors, side curtain air bags, and electronic stability control.’
    • ‘He, who was also killed that day, had been diagnosed with paranoid schizophrenia five years previously after sustaining a serious head injury resulting from a rollover car accident, according to family members.’
    • ‘Sedans, in contrast, have a much lower rollover risk, making them the safest vehicles in most cases.’
    • ‘He has survived two major wars, 16 drunk driving accidents, 3 tractor rollovers, and getting stabbed in the face by an angry ex-wife.’
    • ‘The standard Roll Stability Control system prevents or decreases the likelihood of rollovers by managing throttle and brakes to induce understeer.’
    • ‘Meanwhile, there are 10, 500 rollover deaths each year in automobile accidents, almost a third of the total.’
  • 3A facility on an electronic keyboard enabling one or several keystrokes to be registered correctly while another key is depressed.

Pronunciation:

rollover

/ˈrəʊləʊvə/