move funds or an investment from one position or investment to another. In the
case of retirement funds specifically, an investor may roll over those funds
from one account to another. This often occurs in the case of a 401(k)
retirement plans when an employee leaves the company. Another common use is
with certificates of deposits (CDs). CDs may be rolled over into another CD
when they mature; the new CD will have a different interest rate. Another
common use is with debt: Debtors or banks may allow their clients to roll over
their debt into a new issue.
To reinvest funds from a maturing security into a similar security. Also called roll.