turnover

turnover
1) The total sales figure of an organization for a stated period. Turnover is defined in the UK Companies Act (1985) as the total revenue of an organization derived from the provision of goods and services, less trade discounts, VAT, and any other taxes based on this revenue.
2) More generally, the rate at which some asset is turned over, i. e. sold and replaced by one of the same class. See capital turnover; labour turnover rate; stock turnover See also rate of turnover
3) The total value of the transactions on a market or stock exchange in a specified period.

Big dictionary of business and management. 2014.

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  • turnover — or turns Terms used to describe the number of operating cycles in a defined period of time or the length of each specific operating cycle. Typical turnover cycles are: the rate at which accounts receivable converts to cash, the rate at which… …   Financial and business terms

  • Turnover — may refer to:BusinessEurope*Turnover is the term for revenue.United States*Turnover is the measure of how quickly inventory is sold. A high turnover means that goods are sold quickly, while a low turnover means that goods are sold more… …   Wikipedia

  • Turnover — Turnover, zu deutsch „Umschlag“ oder „Umsatz“, bezeichnet im Englischen Umsatz (Naturwissenschaft), den Umsatz eines Produktes oder einer Substanz, so bei Stoffwechselvorgängen in der Biologie das Ersetzen einer Art durch eine andere, siehe… …   Deutsch Wikipedia

  • Turnover — Turn o ver, n. 1. The act or result of turning over; an upset; as, a bad turnover in a carriage. [1913 Webster] 2. A semicircular pie or tart made by turning one half of a circular crust over the other, inclosing the fruit or other materials.… …   The Collaborative International Dictionary of English

  • Turnover — Turn o ver, a. Admitting of being turned over; made to be turned over; as, a turnover collar, etc. [1913 Webster] …   The Collaborative International Dictionary of English

  • turnover — [tʉrn′ō΄vər] n. 1. the act or an instance of turning over; specif., a) an upset b) a change from one use, side, opinion, management, etc. to another 2. a small filled pastry made by folding one half of the crust back over the other half and… …   English World dictionary

  • turnover — n. The rate of replacement of goods, funds, or personnel; in a company, the rate at which employees leave and are replaced by others. The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008 …   Law dictionary

  • turnover — The process by which any entity in possession of property of the estate is surrenders such property to the bankruptcy trustee (SA Bankruptcy.com) United Glossary of Bankruptcy Terms 2012 …   Glossary of Bankruptcy

  • turnover — 1650s, action of turning over, from TURN (Cf. turn) + OVER (Cf. over); meaning kind of pastry tart is attested from 1798. Meaning number of employees leaving a place and being replaced is recorded from 1955 …   Etymology dictionary

  • turnover — /turˈnover, ingl. ˈtYːnˌəuvə(r)/ [loc. ingl., comp. di turn «rotazione» e over «in eccesso»] s. m. inv. 1. turno, avvicendamento, rotazione, ricambio, alternanza 2. (di personale) sostituzione 3. giro di affari, volume di affari …   Sinonimi e Contrari. Terza edizione

  • turnover — ► NOUN 1) the amount of money taken by a business in a particular period. 2) the rate at which employees leave a workforce and are replaced. 3) the rate at which goods are sold and replaced in a shop. 4) a small pie made by folding a piece of… …   English terms dictionary

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