Rollover, Glossary and Terms, Depository Institutions & Credit Unions

U.S Depository Institutions List of United States Depository Institutions, Credit Unions, Guide Service

"Rollover"

1. Term Share Certificate Account that is renewed for another term at the current interest rate.
2. Tax-free reinvestment of a distribution from a qualified retirement plan into an IRA or other qualified plan within 60 days.
3. To extend the maturity of, or to renew, a loan or obligation.

Depository glossary and terms by letter

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