rollover
rollover — noun
1. prize money that moves to the next draw because no one won it this time
prize money that moves to the next draw because no one won it this time
Nobody matched all six numbers, so the rollover reached ten million dollars.
lottery rollover — prize moves to next draw
News of the huge rollover drew long lines at the lottery shop.
After Saturday's draw, four nurses discussed the jackpot rollover in the cafeteria.
jackpot rollover — common lottery phrase
A second rollover made next week's TV jackpot look even more exciting.
- lottery rollover
- jackpot rollover
- second rollover
- win the rollover
- rollover prize
Grammar Patterns
a rollover in a lottery
rollover + amount/prize
Usage Note
Used mainly for lotteries and similar prize draws. It refers to the prize amount carried forward, not to the drawing itself.
Common Mistakes
2. an arrangement that lets a debt payment happen later, or moves money into a new
an arrangement that lets a debt payment happen later, or moves money into a new plan of the same type
The bank approved a rollover on Talia's business loan for six months.
loan rollover — payment date moved later
After changing jobs, Eshe asked about a rollover into her new pension plan.
rollover into a new pension plan
Because sales were slow, the farm requested a rollover on last month's feed bill.
Noor signed bank forms for a tax-free rollover of retirement savings.
tax-free rollover of retirement savings
- loan rollover
- debt rollover
- pension rollover
- tax-free rollover
- request a rollover
- rollover into a new plan
- extension
stresses extra time before payment more than movement into a new investment
- transfer
the broad everyday word for moving money; it does not itself suggest the same kind of plan
- refinancing
usually replaces an old loan with a new one rather than simply carrying it forward
- repayment
means the debt is actually paid instead of moved later
- withdrawal
means money is taken out rather than kept in a similar investment
Grammar Patterns
a rollover on a loan or bill
a rollover into a new plan
Usage Note
Common in banking, pensions, and debt agreements. The noun can describe either extra time for payment or moving retirement or investment money into another plan.
Common Mistakes
3. a crash where a car or other vehicle tips onto its side or roof
a crash where a car or other vehicle tips onto its side or roof
The family escaped with minor cuts after the van's rollover on the wet road.
van rollover — overturning crash
Police closed the bridge after a truck rollover blocked both lanes.
The safety video showed how a loaded bus can rollover on a sharp bend.
cause a rollover — safety context
During the storm, the driver died in a highway rollover near Taichung.
- truck rollover
- bus rollover
- fatal rollover
- rollover crash
- cause a rollover
Grammar Patterns
a truck or bus rollover
die or escape in a rollover
Usage Note
Most often used for cars, vans, buses, and trucks in news reports or safety advice. It describes the overturning crash itself, not any road accident in general.
Common Mistakes
rollover — verb
1. to put a bill or debt onto a later payment date instead of paying now
to put a bill or debt onto a later payment date instead of paying now
In the hardship letter, the credit union agreed to rollover Leo's late fee.
rollover + fee until later date
After the fire, the lender let Adisa rollover the shop loan for one quarter.
On the phone, the card company refused to rollover the missed payment without fees.
rollover a missed payment
After the flood, the farmer asked the co-op to rollover seed debt for one season.
- rollover the loan
- rollover a fee
- rollover the debt
- rollover a payment
- settle
means pay the amount instead of pushing it forward
Grammar Patterns
rollover + debt/payment/fee
ask to rollover + loan or bill
Usage Note
The object is usually a loan, bill, debt, or fee that is already due. Distinguish from verb 3, which moves invested money rather than delaying what is owed.
Common Mistakes
2. to set new conditions for a loan or other financial deal instead of keeping the
to set new conditions for a loan or other financial deal instead of keeping the old ones
Before signing, Ava met the bank to rollover the mortgage at a lower rate.
rollover a mortgage at a lower rate
After fuel costs jumped, the airline tried to rollover its debt with lenders.
When sales fell, the hotel asked the owner to rollover the lease with shorter terms.
rollover with shorter terms
Christopher hired a lawyer to rollover the farm loan with cheaper fees.
- rollover the mortgage
- rollover a loan
- rollover debt
- rollover with new terms
- renegotiate
the closest general verb for discussing new terms
- refinance
often implies replacing an old loan with a new one, usually from a lender
- restructure
common in finance for changing debt conditions, especially for businesses
Grammar Patterns
rollover + mortgage/loan/lease
rollover + debt with new terms
Usage Note
This sense focuses on changing the rate, length, or other contract terms. Distinguish from verb 1, where the main idea is simply paying later.
Common Mistakes
3. to move invested money into another plan of the same type so it keeps working th
to move invested money into another plan of the same type so it keeps working there
After changing jobs, Sora chose to rollover his pension into the new company plan.
rollover pension into a new plan
A bank adviser showed the couple how to rollover the fund into a new plan.
To avoid tax, the widow chose to rollover the payout within the sixty-day window.
tax-related deadline for a rollover
Ritu used the bank portal to rollover the savings into another retirement account.
- rollover retirement savings
- rollover a payout
- rollover funds into a new plan
- complete a tax-free rollover
- cash out
means take the money and stop keeping it invested
Grammar Patterns
rollover + pension/fund/savings
rollover + money into + new plan
Usage Note
Used with retirement funds, savings plans, or investment payouts. Distinguish from verb 1: the money is not overdue; it is being moved into another investment.
Common Mistakes
Synonym discussion
Sense: noun/2
For noun sense 2, rollover is a finance word for moving an obligation or invested money forward without ending the arrangement. Extension is narrower: it mainly stresses extra time before payment. Transfer is the broad everyday word for moving money from one account or plan to another, but it does not itself suggest keeping the same kind of investment or delaying a debt. Refinancing usually means replacing an old loan with a new one, often to get a different interest rate. Deferral focuses on payment being pushed back, not on investment money moving. A business may ask for a rollover on a loan when cash is tight, while a worker may make a rollover from an old pension plan into a new retirement account.
Etymology
Rollover is a modern English compound built from roll and over. It first named the literal action of turning onto one side or completely over. From that physical idea, English later extended the word to prizes, debts, and investments that are carried forward from one period, agreement, or account into the next.