rollover

rollover definition - business

rollover

  1. The reinvestment of money received from a maturing security in another similar security. Rollover usually applies to short-term investments such as certificates of deposit, commercial paper, and Treasury bills. See also IRA rollover, pension rollover.
  2. The obtaining of funds from a new loan for use in paying off the balance of a maturing loan. See also refund 1, refunding bond.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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