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English definition of “handover”

handover

noun [C or U]     /ˈhændəʊvər/ US   /-doʊvɚ/ MANAGEMENT
the act of giving responsibility for something to another person , or the period during which this happens : Company executives expect the handover to be relatively swift , with Norris taking over the chairman's role within weeks .handover of sth The handover of power is not going to happen before a general election . an orderly / smooth handover Now, after a handover period , he is leaving the board completely .
(Definition of handover noun from the Cambridge Business English Dictionary © Cambridge University Press)
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