rollover | Business English\n\n 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.
A rollover is a renewal of a deposit. Instead of liquidating a deposit on maturity, you can roll it over into a new deposit. The outstanding principal of the old deposit is rolled over with or without the interest outstanding on it.
