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

Recent changes also allow limited rollovers of unused 529 funds into a beneficiary’s Roth IRA, making 529 plans even more flexible. —James Brewer, Forbes, 26 Nov. 2024

The bill approved Friday cuts both caps to $125 million, and eliminates the rollover of unused credits. —Gene Maddaus, Variety, 22 Nov. 2024

Verb

This might not be a team that can compete for the championship (or even make the tournament) but that doesn’t mean anyone should roll over. —Dieter Kurtenbach, The Mercury News, 6 Dec. 2024

After establishing himself as a respected senator, will John Thune choose to be remembered as one who rolled over and sacrificed both the integrity of the Senate and the quality of national leadership? —Arthur House, Hartford Courant, 22 Nov. 2024

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