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- Dictionaryturnover/ˈtəːnˌəʊvə/
noun
- 1. the amount of money taken by a business in a particular period: "a turnover approaching £4 million" Similar
- 2. the rate at which employees leave a workforce and are replaced: "high staff turnover left the program with too many young instructors" Similar
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turnover noun (EMPLOYEES) C2 [ S or U ] the rate at which employees leave a company and are replaced by new people: The large number of temporary contracts resulted in a high turnover of staff. US They've had a lot of turnover at the factory recently. More examples.
Jun 5, 2024 · Turnover is an accounting concept that calculates how quickly a business conducts its operations. The most common measures of corporate turnover look at accounts receivable...
The meaning of TURNOVER is the amount received in sales for a stated period. How to use turnover in a sentence.
an act or result of turning over; upset. 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. the aggregate of worker replacements in a given period in a given business or industry.
The turnover of a company is the value of the goods or services sold during a particular period of time. Her annual turnover is around £45,000. The turnover of people in an organization or place is the rate at which people leave and are replaced. Short-term contracts increase staff turnover.
TURNOVER definition: 1. how much money a business earns in a period of time 2. the rate at which workers leave an…. Learn more.
1. an act or result of turning over; upset. 2. change or movement of people, as tenants, in, out, or through a place.
noun. /ˈtɜːnəʊvə (r)/ /ˈtɜːrnəʊvər/ [countable, usually singular, uncountable] turnover (of something) the total amount of goods or services sold by a company during a particular period of time. an annual turnover of $75 million. a fall in turnover. Collocations Business. Extra Examples. Topics Business c1. Oxford Collocations Dictionary. Join us.
TURNOVER meaning: 1 : the amount of money that is received in sales by a store or company usually singular; 2 : the rate at which people leave a place, company, etc., and are replaced by others usually singular.
When workers leave their jobs and are replaced by other workers, that's turnover. A totally different kind of turnover is a delicious baked good with a sweet filling.
