rollover

1 of 2

noun

roll·​over ˈrōl-ˌō-vər 

1

: the act or process of rolling over

2

: a motor vehicle accident in which the vehicle overturns

roll over

2 of 2

verb

rolled over; rolling over; rolls over

transitive verb

1

a

: to defer payment of (an obligation)

b

: to renegotiate the terms of (a financial agreement)

2

: to place (invested funds) in a new investment of the same kind

roll over IRA funds

Examples of rollover in a Sentence

Recent Examples on the Web

Noun

Reasons Behind The Oil Price Jump For starters, a temporary rollover of existing OPEC+ production curbs that was announced in December has begun to take hold, with Saudi Arabia keeping its production steady. —Gaurav Sharma, Forbes, 10 Jan. 2025

The Humana Healthy Options Allowance includes rollover, so any unused balance carries over each month. —Caraline Coats, Miami Herald, 10 Jan. 2025

Verb

Additionally, 529 account owners can roll over unused 529 funds (with certain restrictions) into a Roth IRA in the name of the beneficiary, keeping the savings with the beneficiary from one major saving event to another. —Robert Cole, Forbes, 9 Jan. 2025

Billowing wildfire smoke rolled over large swathes of Los Angeles County on Jan. 8, prompting school closures and triggering air quality advisories across the region. —Tony Briscoe, Los Angeles Times, 8 Jan. 2025

Word History

First Known Use

Noun

1945, in the meaning defined at sense 1

Verb

1952, in the meaning defined at sense 2

Legal Definition

rollover

1 of 2 noun

roll·​over ˈrōl-ˌō-vər 

: the act or process of rolling over

roll over

2 of 2 transitive verb

1

a

: to defer payment of (an obligation)

b

: to renegotiate the terms of (a financial agreement)

2

: to place (invested funds) in a new investment of the same kind

roll over IRA funds