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rollover

Syllabification: roll·o·ver
Pronunciation: /ˈrōlˌōvər
 
/

Definition of rollover in English:

noun

1 Finance The extension or transfer of a debt or other financial arrangement.
Example sentences
  • The 6% excise tax may also apply to ineligible rollovers unless they are corrected in a timely manner.
  • 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.
  • This division is treated as a non-taxable transaction, which could be a transfer or rollover, depending on the financial institution.
1.1(In a lottery) the accumulative carryover of prize money to the following drawing.
Example sentences
  • The Lottery system is designed to have lots of rollovers, large jackpots, and single winners.
  • To ensure that rollovers would push the jackpots even higher, they made the game ridiculously hard to win.
  • When the business floats later this month, she and work partner will be rich beyond the dreams of even a rollover lottery winner.
2 informal The overturning of a vehicle.
Example sentences
  • 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.
  • Specifically the increase has been in single-vehicle run-off-road crashes such as rollovers or impacts with fixed objects.
  • He has survived two major wars, 16 drunk driving accidents, 3 tractor rollovers, and getting stabbed in the face by an angry ex-wife.
3A facility on an electronic keyboard enabling one or several keystrokes to be registered correctly while another key is depressed.

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