rollover

Vocabulary Word

Definition

'Rollover' means to transfer something, usually money or benefits, from one plan to another. It's like forgetting to use your vacation days at work and being able to use them next year.

Examples in Different Contexts

In impact investing, 'rollover' strategies can be employed to sustain project funding. An impact investment manager might declare, 'Effective rollover of matured investments into new impactful projects enables continuous support to initiatives creating positive social change.'

Practice Scenarios

Business

Scenario:

The merger has been completed successfully. Now we need a seamless execution strategy for the assets and funds involved.

Response:

Agreed. We need to ensure a smooth rollover of assets to prevent any disruptions.

Impact

Scenario:

We have some unused funds from this year. We could consider it for next year's planning and community projects.

Response:

That's smart. A fund rollover would enable us to undertake more community projects next year.