Rollover Meaning: Definition, Examples, and Translations
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rollover
[หroสloสvษr ]
Definitions
turn over
To rollover means to turn over in a circular motion, typically used to describe the action of rolling from one side to another. This term is commonly used in contexts such as gymnastics, where a gymnast performs a rollover during their routine. It can also refer to the action of a vehicle flipping over onto its roof during an accident.
Synonyms
Examples of usage
- She performed a perfect rollover in her gymnastics routine.
- The car did a complete rollover after losing control on the icy road.
financial term
In finance, a rollover refers to the process of reinvesting funds from one investment or savings vehicle to another. This can occur in retirement accounts where an individual moves funds from one account to another without facing tax penalties. Rollover can also pertain to a loan or obligation that is extended or renewed.
Synonyms
Examples of usage
- I completed a rollover of my 401(k) into an IRA.
- The loan's rollover terms were clearly outlined in the agreement.
Translations
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Origin of 'rollover'
The term 'rollover' established itself in the English language in the late 20th century, derived from the two words 'roll' and 'over.' The verb 'roll' can be traced back to the Old French 'rouler,' which itself comes from the Latin 'rotulare,' meaning 'to revolve.' The term began to see wider use in various contexts, particularly in sports, mechanics, and finance. As the 1980s and 1990s introduced various financial terminologies, 'rollover' became popular in banking and investment circles, reflecting actions related to the management and movement of assets without incurring penalties. The duality of its meaningโboth physical and financialโdemonstrates how language evolves to encompass diverse fields while retaining its core lexicon.