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turnover

Syllabification: turn·o·ver
Pronunciation: /ˈtərnˌōvər
 
/

Definition of turnover in English:

noun

1The amount of money taken by a business in a particular period: a turnover approaching $4 million
More example sentences
  • Since then the company has grown into a €50 million turnover retail business with outlets in 18 locations around Ireland.
  • In businesses with high turnover and low profit margins, a miscalculation of selling prices can have a big effect on a firm's annual profits.
  • Afzal set up, and subsequently sold, a £1m premium turnover insurance business.
Synonyms
(gross) revenue, income, yield;
sales, gross
2The rate at which employees leave a workforce and are replaced.
Example sentences
  • One former employee said that the company had expanded way ahead of its requirements and had a high staff turnover because of employee dissatisfaction.
  • Although there are no official statistics, the turnover rate of staff in low-skilled jobs in the Civil Service is believed to be quite high.
  • Candidates who accept the position should have a lower turnover rate than similar employees sourced using alternative sources.
Synonyms
change, rate of replacement, movement
2.1The rate at which goods are sold and replaced in a store.
Example sentences
  • They are packed in ice and the brisk turnover means they sell freshly and deliciously.
  • The inventory turnover ratio measures how quickly inventory is sold and replaced each year.
  • Sometimes shops cut prices in the interest of increased turnover.
3A small pie made by folding a piece of pastry over on itself to enclose a sweet filling: an apple turnover
More example sentences
  • People have a wide choice of other pastries, including chouquettes, apple turnovers, chocolate croissants and curry chicken puffs.
  • Sometimes the dessert tray even yields a true rarity - apple pie worth eating, here folded into honest turnover form.
  • Unfold refrigerated piecrusts to make pot pies, Jamaican patties, empanadas and apple turnovers.
4North American (In a game) a loss of possession of the ball to the opposing team.
Example sentences
  • The team has committed 10 turnovers in the two games but won somehow.
  • They make up for that by attacking the ball and forcing 19.8 turnovers per game.
  • After a slow start, the team has found a successful formula and has stuck to its strengths - running the ball, avoiding turnovers and playing great defense.

Definition of turnover in:

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