Means that a loan is periodically repriced at an agreed spread over the appropriate, currently prevailing rate. Most term loans in the Euromarket are made on a rollover basis as to current LIBOR rate . Bloomberg Financial Dictionary
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In relation to an outstanding collateral management transaction or a bilateral financing transaction, changing the closing date to a later date. Euroclear Clearing and Settlement glossary
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The transfer of a futures or options position from one delivery month to a later month. LIFFE
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rollover roll‧o‧ver [ˈrəʊləʊvə ǁ ˈroʊloʊvər] noun [countable]
1. FINANCE an occasion when an investment is moved from one financial institution to another without being taxed:
• a direct rollover of retirement funds from your former employer to a new pension or IRA
2. when a loan etc that ends in one period of time is replaced by a similar loan etc in the following period:
• continued rollover of maturing commercial paper
3. MARKETING an occasion when a company changes the products that it sells:
• The new series of machines comes just 10 months after the last rollover of the product line.
4. COMPUTING a way of making an image change or appear whenever someone uses the mouse to move the cursor over a particular word or picture on a computer screen
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The periodic renewal of a loan, repriced at current market rates.
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rollover UK US /ˈrəʊləʊvər/ noun [C]
► US FINANCE an occasion when money is moved from one investment to another, often without the need to pay tax: »
They saved about $18,000 in superannuation rollover funds.
► FINANCE an occasion when a debt or loan is moved from one company to another, or a debt or loan arrangement is allowed to continue for a longer period than previously agreed: »
Debt rollover is said to be an efficient way to pay off your debts.
»Are you able to take out a rollover loan?
► IT an image that changes on a computer screen when a cursor is moved over it: »
an image rollover.
► MARKETING an occasion when a prize has not been won in a competition and is added to the prize offered in the next competition: »
This is a rollover week for the lottery.
Financial and business terms. 2012.