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turnaround - 4 dictionary results

turn⋅a⋅round

[turn-uh-round]
–noun
1. the total time consumed in the round trip of a ship, aircraft, vehicle, etc.
2. turnabout.
3. change of allegiance, opinion, mood, policy, etc.
4. a place or area having sufficient room for a vehicle to turn around.
5. the time required between receiving and finishing or processing work or materials.
6. Commerce.
a. a reversal, as in business sales, esp. from loss to profit.
b. the time between the making of an investment and receiving a return.
7. Aviation. the elapsed time between an aircraft's arrival at an airfield terminal and its departure.

Origin:
1925–30; n. use of v. phrase turn around
turn·a·round   (tûrn'ə-round')   
n.  
  1. A space, as in a driveway, permitting the turning around of a vehicle.
  2. The act or an instance of turning about and facing or moving in the opposite direction; a reversal: Stock prices fell in the morning but rallied in a dramatic afternoon turnaround.
  3. A shift or change in opinion, loyalty, or allegiance.
    1. The process of or time needed for loading, unloading, and servicing a ship, airplane, or other vehicle.
    2. The process of or time needed for performing a task, especially receiving, completing, and returning an assignment.

Turnaround

A situation where a company that has had poor performance for an extended period of time experiences a positive reversal.

Investopedia Commentary

A speculator may profit from a turnaround if he or she accurately anticipates the improvement of a poorly performing company.

See also: Punter, Rally, Speculator

Also spelled: Turn around, Turn-around


turnaround

  1. The process of moving from a period of losses or low profitability into a more profitable stage. A turnaround may be triggered by a number of factors including a better use of assets or the development of new products and services.
  2. A security that is in the process of reversing a declining price trend.
  3. The purchase and sale of a security on the same day.

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