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rollover

  (rōl'ō'vər) pronunciation
n.
  1. The act or process of rolling over.
  2. An accident in which a motor vehicle overturns.
  3. The act or an instance of rolling over funds: an IRA rollover.

 
 

A graphic element in an application or on a Web page that changes its color or shape when the pointer is moved (rolled) over it. See JavaScript rollover. See also n-key rollover.



 

1. The process of reinvesting funds from a mature security into a new issue of the same or a similar security.

2. The process of transferring the holdings of one retirement plan to another without suffering tax consequences.

3. A charge that is incurred by Forex investors who rollover their positions to the following delivery date.

Investopedia Says:
1. When you own an option about to expire, and assuming that you believe it will still be favorable to hold, you may decide to buy/sell the later expiring option.

2. When moving from one company to another, retirement plans may be moved in order to forgo tax consequences. The distribution is reported on IRS Form 1099-R and the rollover contribution is reported on IRS Form 5498. Rollovers may be limited to one per twelve-month period for each IRA, and the assets are generally made payable to the retirement account holder. The assets must then be deposited to the receiving retirement account within 60 days after the account holder receives the assets.

3. The fee arises from the difference in interest rates between the two currencies underlying a transaction. Sometimes investors can earn a credit if they are purchasing the currency with the higher of the two interest rates. Investors are often required to maintain certain margin positions with their brokers to earn a credit from rollover

Related Links:
Avoid paying excess taxes by learning some simple transfer rules. Common IRA Rollover Mistakes
Half of Americans lose their nest eggs when they switch careers. Learn why you should avoid this trap. Transfer Retirement Savings When You Change Jobs
We give you some tips on preserving your nest egg in the face of unavoidable withdrawals. Strategic Ways To Distribute Your RMD
A non-qualified distribution might still be tax and/or penalty free under certain conditions. Here we explain what they are. Exceptions To The 60-Day Rollover Rule
Stay up-to-date on regulation amendments to avoid penalties as well as take advantage of new opportunities. Tax-Law Changes: Involuntary Cash-Out and Roth 401(k) and 403(b)
We look at common mistakes that can put your savings at risk and provide ways to avoid them. Five Ways To Lose Your Nest Egg
Be informed about benefits and deductions that may apply to you and avoid costly mistakes on your return. Tax-Saving Advice For IRA Holders


 

1. movement of funds from one investment to another. For instance, an Individual Retirement Arrangement may be rolled over when a person retires into an Annuity or other form of pension plan payout system. Balances in regular IRAs can be rolled over into Roth Iras, although income taxes will be due on untaxed earnings in the regular IRA account. When a Bond or Certificate of Deposit matures, the funds may be rolled over into another bond or certificate of deposit. A stock may be sold and the proceeds rolled over into the same stock, establishing a different cost basis for the shareholder. See also Thirty-Day Wash Rule.

2. term often used by banks when they allow a borrower to delay making a Principal payment on a loan. Also, a country that has difficulty in meeting its debt payments may be granted a rollover by its creditors. With governments themselves, rollovers in the form of Refundings or Refinancings are routine.

See also Certificate of Deposit Rollover.

 
Wikipedia: rollover
A rollover in Sydney, Australia on Christmas day, 2001.
Enlarge
A rollover in Sydney, Australia on Christmas day, 2001.

Rollover is a type of vehicle accident, where a vehicle turns over on its side or roof. The main cause for rolling over is turning too sharply while moving too fast.

Dynamics

A rollover in southern Italy.
Enlarge
A rollover in southern Italy.

The force of inertia (acting in the direction opposite to the one it is turning) is combined with the force of gravity (acting downwards). When the combined force as applied to the centre of vehicle's mass falls outside of the rectangle formed by the wheels, the vehicle starts to turn over. A rollover can also occur as a vehicle crosses a ditch or barrier rather than a flat road surface. Such an event can be triggered by a sudden turn to avoid a collision, or a loss of traction due to water or ice.

Competition

A skilled driver may stop the fall by stopping the turn. Stunt drivers in competition deliberately use ramps to launch a car, often a short, stubby subcompact which is more easily turned over. Short of a rollover, stunt drivers may also drive the car on two wheels for some time, but this requires precise planning, control and specialized safety equipment.

Cars and SUVs

All cars are susceptible to rollovers to various extents. Generally, the higher the centre of mass is located, the higher the vehicle is and the faster it goes, the more likely it is to roll over. Civilian SUVs are particularly notorious for rolling over because they often have a higher center of gravity due to raising the suspension to accommodate 4 wheel drive. Among the vehicles which have received publicity for rolling over are the Ford Bronco II, Suzuki Samurai, Jeep CJ, Ford E-Series and Isuzu Trooper, though NHTSA investigations have not found evidence of excessive risk compared to other similar vehicles.

HMMWVs are much wider than civilian SUVs. While more difficult to tip over deliberately, many American casualties in Iraq are caused by rollovers, with the turret gunner being particularly vulnerable in an accident. [1] Military jeeps with independent suspensions were prone to rollover, and not sold to civilians for this reason. Trucks can often roll over when doing sharp turns and trains can roll over after derailing.

Some four wheel drive pickup trucks have reduced steering capacity to prevent rollover. This creates problems with parking and negotiating very sharp curves. 15 passenger vans, which have raised heavy-duty suspensions and a heavy load of passengers are also prone to rollover. It is recommended to not load anything on the roof of such vans, and to use drivers trained to avoid sudden maneuvers.

A vehicle may roll over for other reasons, for example when hitting a large obstacle with one of its wheels, when manoeuvring over uneven terrain, etc.

Exit

After the rollover the vehicle may end up lying on the side or on the roof, often blocking the doors and complicating the terrifying escape for the passengers. Large passenger vehicles such as buses, trams and trolleybuses that have doors on one side only usually have special windows with handles to pull to use the window as an emergency exit or glaziers fixed near the windows for cutting the glass and making an improvised exit in case of a rollover. Some have emergency exits in their roofs.

Roll bars and cages

Rollover crashes are particularly deadly for the occupants of the vehicle when compared to frontal, side or rear crashes, because in normal passenger vehicles, the roof is likely to collapse in to the occupants and cause severe head injuries for them. The use of roll cages in vehicles would make them much safer, but in most passenger vehicles their use would cut cargo and passenger space so much that their use is not possible. The Jeep Wrangler, a vehicle which is short, narrow, and designed to be used on uneven terrain, is unusual in that it comes equipped with a roll bar as standard.

The decline in popularity of convertibles was due in part due to concern over rollover accidents, as most convertibles have no protection beyond the windshield frame. Removable roof panels provide an open roof with a roof frame. Some convertible vehicles provide rollover protection as two small bars behind the headrests. Some Mercedes convertibles have a retractable roll bar which deploys in case of an accident. Race cars almost always have roll cages, since they are likely to roll over while driven at very high speeds and through sharp corners, and the roll cage's chassis-stiffening effect is usually positive.

References

  1. ^ [1] "Iraq rollover kills Oregon soldier" Oregonian May 25, 2005 by MIKE FRANCIS

External links

See also


 
 

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Dictionary. The American Heritage® Dictionary of the English Language, Fourth Edition Copyright © 2007, 2000 by Houghton Mifflin Company. Updated in 2007. Published by Houghton Mifflin Company. All rights reserved.  Read more
Computer Desktop Encyclopedia. THIS COPYRIGHTED DEFINITION IS FOR PERSONAL USE ONLY.
All other reproduction is strictly prohibited without permission from the publisher.
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Investment Dictionary. Copyright ©2000, Investopedia.com - Owned and Operated by Investopedia Inc. All rights reserved.  Read more
Financial & Investment Dictionary. Dictionary of Finance and Investment Terms. Copyright © 2006 by Barron's Educational Series, Inc. All rights reserved.  Read more
Wikipedia. This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article "Rollover" Read more

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