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Finance Dictionary and Glossary of Investment Terms
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.
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.