rollover provision
Finance (chiefly North American )
noun
A provision allowing for the deferral of capital gains tax on the sale of a capital asset if the capital gain is reinvested within a set period of time.
Origin
1960s; earliest use found in Michigan Law Review.
- state of life
- state of matter
- state of play
- state of the art
- State of the City
- State of the Nation
- State of the State
- State of the Union
- state of things
- state of war
- state opening
- state-oriented
- state-owned
- state-owned enterprise
- state paper
- State Paper Office
- state park
- state pension
- state police
- state prayers
- state premier
- state prison
- state prisoner
- state prosecutor
- stater