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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 from the Cambridge Business English Dictionary © Cambridge University Press)
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