English Dictionary |
ROLLOVER
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Dictionary entry overview: What does rollover mean?
• ROLLOVER (noun)
The noun ROLLOVER has 1 sense:
1. the act of changing the institution that invests your pension plan without incurring a tax penalty
Familiarity information: ROLLOVER used as a noun is very rare.
Dictionary entry details
Sense 1
Meaning:
The act of changing the institution that invests your pension plan without incurring a tax penalty
Classified under:
Nouns denoting acts or actions
Hypernyms ("rollover" is a kind of...):
change (the action of changing something)
Derivation:
roll over (re-invest (a previous investment) into a similar fund or security)
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