rollover

[rohl-oh-ver]

noun

1. an accident involving an overturned vehicle.

   The icy conditions resulted in several rollovers causing the westbound lanes of the highway to be closed for the morning commute.

2. Business.,  a reinvestment of funds, especially a tax-free transfer of assets from one retirement plan to another.

   My financial advisor suggested an IRA rollover for my old 401(k).

3. Digital Technology.,  a website feature that changes the appearance of a web page or creates the illusion of a pop-up when the specified target area on the page is clicked on or passed over by a mouse and pointer.

   Additional content is found in the rollovers, giving the page a crisp and clutter-free design.

Word History and Origins

Origin of rollover¹

First recorded in 1815–20; noun use of verb phrase roll over

Example Sentences

The 529 plan must have been created for your daughter for at least 15 years before any rollover, and she must have income of at least the same level as the rollover amount.

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It is understood that viewers watching the rollover saw the programme abruptly cut off after the bonus ball failed to drop on the draw machine.

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Financial planners also noted that 529 plans can be used for certain K–12 tuition costs — and that there are now rollover options.

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There were no other vehicles involved in the rollover crash.

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But Fannon recommends an IRA rollover, which allows you to transfer your retirement funds from one eligible plan to another within 60 days.

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