What context can I use each word in?
Learn when and how to use these words with these examples!
rollover
Example
I rolled over my 401(k) into an IRA to avoid paying taxes. [rollover: verb]
Example
The car rolled over after hitting a patch of ice on the road. [rolled over: past tense]
Example
I had to rollover my credit card balance to a new account with a lower interest rate. [rollover: noun]
renewal
Example
I need to renew my driver's license before it expires. [renew: verb]
Example
The company decided to invest in the renewal of their outdated website. [renewal: noun]
Example
The artist was inspired by the renewal of nature in the springtime. [renewal: noun]
Good things to know
Which word is more common?
Renewal is more commonly used than rollover in everyday language. Renewal is versatile and covers a wide range of contexts, while rollover is less common and often used in financial or debt-related situations.
What’s the difference in the tone of formality between rollover and renewal?
Renewal is typically associated with a formal tone, especially when referring to contracts or licenses. Rollover can be used in both formal and informal contexts, depending on the situation.