ROLLOVER

Pronunciation (US):

(GB):

 I. (noun) 

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)

Credits