Definition of turnover in English:

turnover

noun

  • 1The amount of money taken by a business in a particular period.

    ‘a turnover approaching £4 million’
    • ‘The combined business will have a turnover of over E15 million’
    • ‘The company is guaranteed a base minimum rent and shares in the success of its tenants by deriving more rental income as their turnover increases.’
    • ‘The business has a turnover of over €1 million and the guide price is €888,816.’
    • ‘It is one of the fastest growing beer brands in the UK, with a current turnover of £65 million at retail value.’
    • ‘The parties still accounted for the bulk of last year's £64m turnover although the shops and a thriving online business are catching up fast.’
    • ‘‘We are hoping to double or treble the shop's turnover within the next three to five years,’ said Fitzgerald.’
    • ‘In a little over a decade the company has grown into a business with a turnover of £1.5 million a year and rising.’
    • ‘The strategy may have been to go for turnover growth at the expense of profit margins.’
    • ‘As the store was sold, turnover reached £1million for the first time.’
    • ‘Following a management buy-out in 1995, the business has doubled its turnover and is hoping to double business again in the following two years.’
    • ‘Afzal set up, and subsequently sold, a £1m premium turnover insurance business.’
    • ‘Our shop's annual turnover is £500,000 when the visitors come.’
    • ‘Their turnover in the previous financial year was almost N $170 000 million.’
    • ‘Cobra Beer has gone from strength to strength and now has an annual turnover approaching £15 million.’
    • ‘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.’
    • ‘The airport has over 137 shops and, in terms of turnover, is Australia's third-largest retail centre.’
    • ‘Higher business turnover means higher insurance premiums.’
    • ‘Since then the company has grown into a €50 million turnover retail business with outlets in 18 locations around Ireland.’
    • ‘It's not an exclusive shop, though its turnover is the envy of many traditional merchants.’
    • ‘Medium-sized businesses, those with turnovers of $50 million or more, will also face increased scrutiny.’
    revenue, gross revenue, income, yield
    View synonyms
  • 2The rate at which employees leave a workforce and are replaced.

    ‘high staff turnover left the program with too many young instructors’
    count noun ‘an annual turnover of staff as high as 100%’
    • ‘Our staff turnover rate is in single figures, which is incredible for our sector.’
    • ‘Employee turnover rates appeared to hold steady through 2002, the restaurant association says.’
    • ‘The company employs 160 staff and had a turnover last year of €52.5 million.’
    • ‘With a high turnover of staff in restaurants, the system excels by being simple to use.’
    • ‘In these firms' U.S. and Canadian operations, employment relations are typically far less stable, with much more frequent turnover of staff.’
    • ‘Candidates who accept the position should have a lower turnover rate than similar employees sourced using alternative sources.’
    • ‘Indian graduates will not always aspire to work in an industry that employs school-leavers in the West, resulting in a high turnover of staff and a potential slump in productivity.’
    • ‘Staff turnover in banking has been very high over the past three years because of the skills shortage and the surge in career choices.’
    • ‘The frequent turnover on pastoral staffs led churches to experience upheaval and decline.’
    • ‘Staff turnover is low compared with some agencies and employees enjoy benefits such as free fruit, a nail bar and gym membership.’
    • ‘The annual turnover of staff in fast food restaurants is often close to 100%.’
    • ‘According to the manager, the staff turnover or ‘churn rate’ is about 1 percent.’
    • ‘The company operates in a business sector notorious for high staff turnover, with employees often switching agencies or wanting to do their own thing.’
    • ‘Because of the nature of the work in contact centres, there is often a high turnover in staff.’
    • ‘Staff turnover has dropped dramatically, as fewer consultants leave to take up new jobs.’
    • ‘Staff turnover is low, with several employees having served for more than 25 years.’
    • ‘One former employee said that the company had expanded way ahead of its requirements and had a high staff turnover because of employee dissatisfaction.’
    • ‘It has a 8,000-strong workforce and an annual turnover of around £750 million.’
    • ‘Staff turnover has remained fairly low, fostering the program's capacity to develop lasting relationships with parents and children.’
    • ‘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.’
    rate of replacement, coming and going, change, movement
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    1. 2.1 The rate at which goods are sold and replaced in a shop.
      • ‘They are packed in ice and the brisk turnover means they sell freshly and deliciously.’
      • ‘Sometimes shops cut prices in the interest of increased turnover.’
      • ‘The inventory turnover ratio measures how quickly inventory is sold and replaced each year.’
      throughput, rate of buying and selling, movement
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  • 3A small pie made by folding a piece of pastry over on itself to enclose a sweet filling.

    ‘an apple turnover’
    • ‘Julia journeys from her studio kitchen to Provence to make a spinach turnover with her collaborator Simone Beck.’
    • ‘Unfold refrigerated piecrusts to make pot pies, Jamaican patties, empanadas and apple turnovers.’
    • ‘Trev's enterprise is fueling such tasty delights as the delicious quangdong pie, sweet jam and of course his speciality, the quangdong turnover.’
    • ‘Upgrade to ‘supersize’ and throw in an apple turnover and the calorie count for that meal alone approaches the recommended amount for an entire day.’
    • ‘Brush the pastry edges with beaten egg yolk and form turnovers.’
    • ‘Richard Landon, 37, was self-conscious about his 29 st 3lb frame and used to eat pasties and apple turnovers secretly at lunchtime.’
    • ‘People have a wide choice of other pastries, including chouquettes, apple turnovers, chocolate croissants and curry chicken puffs.’
    • ‘Her Vanilla slice and Apple turnovers and creams are the most sought after dessert here.’
    • ‘The potato-stuffed turnovers, are so well-seasoned they require no chutneys to please.’
    • ‘He quickly snatched the last few flaky crumbs of an apple turnover as the plate was whisked away.’
    • ‘In the end she had to give me an apple turnover to shut me up.’
    • ‘Sometimes the dessert tray even yields a true rarity - apple pie worth eating, here folded into honest turnover form.’
    • ‘The morning special was little more than a nice warm pan of a sweet raspberry turnover, a delicacy at the little shop.’
  • 4North American (in a game) a loss of possession of the ball to the opposing team.

    ‘the team were sitting on their lead and taking care to avoid turnovers’
    • ‘A turnover in possession after the kick-off saw Uni get the ball just into the Ballina half.’
    • ‘Over the last nine games, seven of which were losses, the Chargers forced nine turnovers while giving the ball away more often.’
    • ‘A turnover is where your team has the ball, and you lose it to the other team.’
    • ‘The team had seven turnovers last week against Arizona State.’
    • ‘During those five years Cunningham was involved with the team, the Chiefs averaged 33.5 turnovers a game.’
    • ‘The winner won't have to carry the club; he'll just need to avoid turnovers and get the ball to the playmakers.’
    • ‘Coach George Seifert says opposing defenses look for turnovers when he has the ball.’
    • ‘The team has committed 10 turnovers in the two games but won somehow.’
    • ‘The team averages fewer than 14 turnovers a game.’
    • ‘The team's no-risk, no-fault offense resulted in only 13.4 turnovers per game.’
    • ‘If we can take care of the ball and limit our turnovers, that will give us more opportunities to score.’
    • ‘Three of their first four possessions ended with turnovers.’
    • ‘It seemed like every time they got the ball, we forced a turnover in that game.’
    • ‘They make up for that by attacking the ball and forcing 19.8 turnovers per game.’
    • ‘He had six turnovers the next game, when the Lakers struggled to beat Cleveland, and Jackson gave him an earful during a timeout.’
    • ‘Carlyle wanted to cut down on the team's neutral-zone turnovers.’
    • ‘Known for his ability to take care of the ball, he already has had two games with seven turnovers.’
    • ‘The Raptors have been one of the league's best teams at avoiding turnovers.’
    • ‘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.’
    • ‘Only three other teams committed more turnovers than Atlanta last season, and the perimeter positions remain in flux.’

Pronunciation

turnover

/ˈtəːnəʊvə/