Turnover

usgb/ˈtɜːrnəʊvər/
noun

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

Our company had an annual turnover of 1.5 million dollars last year.
Visual representation of "turnover" - The amount of money taken by a business in a particular period.

Often appears as...

  • annual turnover
  • turnover rate
Definition 1 of 4
Visual representation of "turnover"
LampPro Tip 1/3

Business Metrics

Turnover can measure success; higher turnover implies more sales and potentially more profit.

Illustration for Business Metrics
Our bakery's turnover increased by 20% this quarter.
LampPro Tip 2/3

Time Frame Specific

Turnover relates to a specific period like monthly, quarterly, or yearly.

Illustration for Time Frame Specific
Our quarterly turnover surpassed projections.
LampPro Tip 3/3

Context Sensitive

In conversations about finance, turnover implies business revenue.

Illustration for Context Sensitive
The new product line boosted our turnover significantly.
Visual representation of the word "Turnover"

Never forget "Turnover"

Humans forget easily. That's why you should download WordUp: Smart reminders, word games, AI practice, and much more!

Download on the App StoreGet it on Google PlayGet it from MicrosoftGet it on AppGallery
Chrome

WordUp Chrome Extension

As you browse the web instantly look up words you don’t know.

Get Chrome Extension
Back to top