On a roll

Similar financial terms

Industry roll up
Special type of horizontal merger. In a roll up, the consolidator acquires a chunk of small companies with similar operations. Roll ups generally occur in fragmented industries with small, yet mature firms. The goal of the roll up is to achieve economies of scale in purchasing, marketing, information systems, logistics, distribution, and top management.

Rollover
Most term loans in the Euromarket are made on a rollover basis, which means that the loan is periodically repriced at an agreed spread over the appropriate, currently prevailing LIBOR rate.

Roll over
Reinvest funds received from a maturing security in a new issue of the same or a similar security.

Risk controlled arbitrage
A self-funding, self-hedged series of transactions that generally utilize mortgage securities as the primary assets.

Controlled disbursement
A service that provides for a single presentation of checks each day (typically in the early part of the day).

Controller
The corporate manager responsible for the firm's accounting activities.

Controlled Foreign Corporation (CFC)
An offshore company which, because of ownership or voting control of U.S. persons, is treated by the IRS as a U.S. tax reporting entity. IRC 951 and 957 collectively define the CFC as one in which a U.S. person owns 10 percent or more of a foreign corporation or in which 50 percent or more of the total voting stock is owned by U.S. shareholders collectively or 10 percent or more of the voting control is owned by U.S. persons.