Rollover Meaning in English
word
Definition
A 'rollover' can mean moving money from one account to another without tax penalties (finance), automatically renewing something for a new period (like a contract), or a vehicle accident where the car flips over.
Usage & Nuances
Used formally in finance for moving retirement funds ('401k rollover'), and commonly in insurance or banking contexts as 'rollover contract' or 'rollover balance'. In informal settings, can describe car accidents: 'rollover crash'. Not the same as 'roll over', which can mean literally turning something.
Example Sentences
I chose a rollover when moving my retirement savings to a new account.
basic
The insurance policy will do an automatic rollover every year.
basic
There was a serious rollover on the highway this morning.
basic
Is there a fee for a 401k rollover, or is it free?
natural
My mobile plan will rollover unused data to next month.
natural
That car accident was a bad rollover, but everyone walked away without injuries.
natural