- Most term loans in the Euromarket are made on a rollover basis, which means that the loan is periodically repriced at an agreed spread over the appropriate, currently prevailing LIBO rate. The New York Times Financial Glossary
* * *rollover roll‧o‧ver [ˈrəʊləʊvə ǁ ˈroʊloʊvər] noun [countable]1. FINANCE an occasion when an investment is moved from one financial institution to another without being taxed:
• a direct rollover of retirement funds from your former employer to a new pension or IRA2. when a loan etc that ends in one period of time is replaced by a similar loan etc in the following period:
• continued rollover of maturing commercial paper3. MARKETING an occasion when a company changes the products that it sells:
• The new series of machines comes just 10 months after the last rollover of the product line.4. COMPUTING a way of making an image change or appear whenever someone uses the mouse to move the cursor over a particular word or picture on a computer screen
* * *The periodic renewal of a loan, repriced at current market rates.
* * *rollover UK US /ˈrəʊləʊvər/ noun [C]► US FINANCE an occasion when money is moved from one investment to another, often without the need to pay tax: »
They saved about $18,000 in superannuation rollover funds.► FINANCE an occasion when a debt or loan is moved from one company to another, or a debt or loan arrangement is allowed to continue for a longer period than previously agreed: »
Debt rollover is said to be an efficient way to pay off your debts.»
Are you able to take out a rollover loan?► IT an image that changes on a computer screen when a cursor is moved over it: »
an image rollover.► MARKETING an occasion when a prize has not been won in a competition and is added to the prize offered in the next competition: »
This is a rollover week for the lottery.
Financial and business terms. 2012.
Look at other dictionaries:
Rollover — is a type of vehicle accident, where a vehicle turns over on its side or roof. The main cause for rolling over is turning too sharply while moving too fast. Dynamics The force of inertia (acting in the direction opposite to the one it is turning) … Wikipedia
rollover — [rōl′ō΄vər] n. ☆ 1. the refinancing of a maturing note, etc. ☆ 2. the reinvesting of funds in such a way as to defer the payment of taxes * * * roll·o·ver (rōlʹō vər) n. 1. The act or process of rolling over. 2. An accident in which a motor… … Universalium
rollover — roll·over / rōl ˌō vər/ n: the act or process of rolling over Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 … Law dictionary
rollover — (n.) also roll over an overturning, 1945; see ROLL (Cf. roll) (v.) + OVER (Cf. over). Economic verbal sense of reinvest is from 1957 … Etymology dictionary
rollover — [rōl′ō΄vər] n. ☆ 1. the refinancing of a maturing note, etc. ☆ 2. the reinvesting of funds in such a way as to defer the payment of taxes … English World dictionary
rollover — Means that a loan is periodically repriced at an agreed spread over the appropriate, currently prevailing rate. Most term loans in the Euromarket are made on a rollover basis as to current LIBOR rate . Bloomberg Financial Dictionary In relation… … Financial and business terms
Rollover DJ — Infobox Single Name = Rollover DJ Artist = Jet from Album = Get Born Released = November 2003 Format = CD Recorded = 2003 Genre = Hard rock, Garage rock Length = 3:16 Label = Elektra Writer = Producer = Dave Sardy Certification = Chart position … Wikipedia
Rollover — A rollover is when you do the following: 1. Reinvest funds from a mature security into a new issue of the same or a similar security. 2. Transfer the holdings of one retirement plan to another without suffering tax consequences. 3. Move a forex… … Investment dictionary
rollover — roll|ov|er [ˈrəuləuvə US ˈroulouvər] n 1.) a) when money is moved from one bank account or ↑investment to another without any tax or other ↑fees having to be paid ▪ Many CD rollovers happen in October. b) [U and C] the action of making a bank… … Dictionary of contemporary English
rollover — [[t]ro͟ʊloʊvə(r)[/t]] rollovers 1) N COUNT: usu singular In a lottery draw, a rollover is a prize that includes the prize money from the previous draw, because nobody won it. 2) N COUNT: usu singular In finance, a rollover is when a loan or other … English dictionary