Definition of rollover in English:
1 Finance The extension or transfer of a debt or other financial arrangement.
- 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.
- 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.
- 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.
Definition of rollover in:
- British & World English dictionary
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