[turn-uh-round] 
| 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.
|
| 7. | Aviation. the elapsed time between an aircraft's arrival at an airfield terminal and its departure. |
| turn·a·round (tûrn'ə-round') n.
|
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
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.
A security that is in the process of reversing a declining price trend.
The purchase and sale of a security on the same day.