Turnover Definition | Definition of Turnover at Dictionary.com

turn⋅o⋅ver

[turn-oh-ver]

–noun

1.	an act or result of turning over; upset.

2.	change or movement of people, as tenants or customers, in, out, or through a place: The restaurant did a lively business and had a rapid turnover.

3.	the aggregate of worker replacements in a given period in a given business or industry.

4.	the ratio of the labor turnover to the average number of employees in a given period.

5.	the total amount of business done in a given time.

6.	the rate at which items are sold, esp. with reference to the depletion of stock and replacement of inventory: Things are slow now, but they expect an increased turnover next month.

7.	the number of times that capital is invested and reinvested in a line of merchandise during a specified period of time.

8.	the turning over of the capital or stock of goods involved in a particular transaction or course of business.

9.	the rate of processing or the amount of material that has undergone a particular process in a given period of time, as in manufacturing.

10.	a change from one position, opinion, etc., to another, often to one that is opposed to that previously held.

11.	a reorganization of a political organization, business, etc., esp. one involving a change or shift of personnel.

12.	a baked or deep-fried pastry with a sweet or savory filling in which half the dough is turned over the filling and the edges sealed to form a semicircle or triangle.

13.	Basketball, Football. the loss of possession of the ball to the opponents, through misplays or infractions of the rules.

–adjective

14.	that is or may be turned over.

15.	having a part that turns over, as a collar.

Origin:
1605–15; n. use of v. phrase turn over

Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
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Link To turnover

turn·o·ver (tûrn'ō'vər)

The act of turning over; an upset or overthrow.
An abrupt change; a reversal.
A small pastry made by covering one half of a piece of dough with a filling, folding the other half over on top, and sealing the edges.
1. The number of times a particular stock of goods is sold and restocked during a given period of time.
2. The amount of business transacted during a given period of time.
3. The number of shares of stock sold on the market during a given period of time.
4. The number of workers hired by an establishment to replace those who have left in a given period of time.
5. The ratio of this number to the number of employed workers.
1. The number of workers hired by an establishment to replace those who have left in a given period of time.
2. The ratio of this number to the number of employed workers.
Sports A loss of possession of the ball to the opposing team, as by a misplay or an infraction of the rules.

adj. Capable of being turned or folded down or over: a turnover collar.

The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Turnover

Turn"o`ver\, n. 1. The act or result of turning over; an upset; as, a bad turnover in a carriage.

2. A semicircular pie or tart made by turning one half of a circular crust over the other, inclosing the fruit or other materials.

3. An apprentice, in any trade, who is handed over from one master to another to complete his time.

Turnover

Turn"o`ver\, a. Admitting of being turned over; made to be turned over; as, a turnover collar, etc.

Webster's Revised Unabridged Dictionary, © 1996, 1998 MICRA, Inc.
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Language Translation for : turnover

Spanish: facturación, volumen de ventas,

German: der Umsatz,

Japanese: 総売上高

More Translations »

turnover

1660, "action of turning over," from turn + over; meaning "kind of pastry tart" is attested from 1798. Meaning "number of employees leaving a place and being replaced" is recorded from 1955.

Online Etymology Dictionary, © 2001 Douglas Harper
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Turnover

1. In accounting, the number of times an asset is replaced during a financial period.

2. The number of shares traded for a period as a percentage of the total shares in a portfolio or of an exchange.

Investopedia Commentary

1. In accounting turnover often refers to inventory or accounts receivable. A quick turnover is desired because it means that inventory is not sitting on the shelves for too long.

2. In a portfolio, a small turnover is desired because it means the investor is paying less in commissions to the broker. It is called "churning" when a broker unethically generates numerous trades solely in order to increase commissions.

See also: Accounts Receivable, Asset, Churning

Also spelled: Turn over Turn-over

turnover

The trading volume of the market or of a particular security.
The number of times that an asset is replaced during a given period. For example, an inventory turnover of five indicates that the firm's inventory has been turned into sales and has been replaced five times.

Main Entry: turn·over
Pronunciation: 't&r-"nO-v&r
Function: noun
: the continuous process of loss and replacement of a constituent (as aneurotransmitter, cell, or tissue) of a living system turnover in various pathological states —J. C. Waterlow> <turnover of neurons in the hippocampus —B. L.Jacobs et al>

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