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Turnover dictionary definition

In total, at the end of today, five people were sentenced to a total of 21 years. Mass Layoff Statistics— reports on mass layoff actions that result in workers being separated from their jobs. Business Employment Dynamics—quarterly data series of job gains and job losses statistics, generated from the Quarterly Census of Employment and Wages program. Wage standardization and the “rate of turnover” of labor.

The total value of sales in a business during a certain time. The number of shares of stock sold on the market during a given period of time. The most common measures of corporate turnover look at ratios involving accounts receivable and inventories. The new offices have reduced the very high rates of staff turnover. Current Employment Statistics — monthly national data by detailed industry on employment, hours, and earnings of workers on the payrolls of nonfarm establishments. Alternatively,involuntary turnoveroccurs when an employee is terminated from a position.

The agency’s legal division had experienced substantial turnover and had gone several months without a permanent leader. During Covid-19, the agency has struggled with many unfilled positions and inadequate staffing that led to lapses in coverage at quarantine stations, burnout, and high turnover. The company had an increase in turnover this quarter. Was huge in the growing auto industry, as workers hopped from factory to factory in search of better wages. A reorganization of a political organization, business, etc., especially one involving a change or shift of personnel.

Value or volume of traded shares at the stock exchange in a set time period, day, year, month. Meaning and definitions of total turnover, translation in Hindi language for total turnover with similar and opposite words. Also find spoken pronunciation of total turnover in Hindi and in English language.

Больше Определений Для Turnover

In some of these casino enterprises, there are, apparently, turnovers of £¼ million or substantial figures of that nature. With the high street’s fast turnover, popular fashions often sell out within days. The high turnover among daycare workers is an ongoing problem.

Turnover dictionary definition

What total turnover means in Hindi, total turnover meaning in Hindi, total turnover definition, examples and pronunciation of total turnover in Hindi language. Turnover rates can be minimized by analyzing why turnover occurs in the first place. Employees might choose to do this if they are dissatisfied with their position, have accepted a better job offer, or want a career change. One way to limit the risk of voluntary turnover is to administer personality tests to job applicants to see how likely they are to feel satisfied in their position.

Three Letter Words

The total amount of business done in a given time. The aggregate of worker replacements in a given period in a given business or industry.

The combined turnover of both businesses has doubled in the last two years. Our Reviews team has selected the best stand mixers for baking. Earlier this month, James’s office requested the daily fines and argued that Trump should be held in contempt for failing to meet a March 31 deadline to turn over documents. Working on her speed and the quick turnover time in the 1,500 factored into her decision to race. Rate for physicians at large practices was 6.8 percent in 2012. Compliance and collection costs were greater than the tax paid for 216,000 retailers with turnovers of less than £50,000 in 1973–74. I suggest that turnovers of this kind are excessive and that they are indicative of something which is seriously wrong.

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  • The turnover of red blood cells; a rapid turnover of hospital patients.
  • Group turnover rose 2% in the period, compared with last year.
  • The related rules section is for members only and includes a compilation of all the rules of law in Quimbee’s database relating to this key term.

Definition and synonyms of turnover from the online English dictionary from Macmillan Education. Our business success is built on a fast turnover of merchandise. A small pie made by folding a piece of pastry over on itself to enclose a sweet filling. The amount of money taken by a business in a particular period. Turnover is a term that is also used for investments.

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Group turnover rose 2% in the period, compared with last year. Больше примеров The seven companies have an aggregate turnover of £5.2 million.

The average accounts receivable is simply the average of the beginning and ending accounts receivable balances for a particular time period, such as a month or year. The accounts receivable turnover formula tells you how quickly you are collecting payments, as compared to your credit sales. If credit sales for the month total $300,000 and the account receivable balance is $50,000, for example, the turnover rate is six. The goal is to maximize sales, minimize the receivable balance, and generate a large turnover rate.

A change from one position, opinion, etc., to another. Change or movement of people, as tenants, in, out, or through a place. Sports A loss of possession of the ball or puck to the opposing team, as by a misplay or an infraction of the rules. The ratio of this number to the number of employed Turnover dictionary definition workers in a workplace. The turnover of red blood cells; a rapid turnover of hospital patients. A small pastry made by covering one half of a piece of dough with a filling, folding the other half over on top, and sealing the edges. A loss of possession of the ball to the opposing team.

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MRAB copyright ©2006 Harvard University is licensed exclusively by Criteria Corp. This website is using a security service to protect itself from online attacks. The action you just performed triggered the security solution. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. Meaning “number of employees leaving a place and being replaced” is recorded from 1955. A reorganization of a political organization, business, etc., esp. one involving a change or shift of personnel. The turning over of the capital or stock of goods involved in a particular transaction or course of business.

  • In the pastry world, a high rate of turnovers doesn’t sound bad at all.
  • A baked or deep-fried pastry with a sweet or savory filling in which half the dough is turned over the filling and the edges sealed to form a semicircle or triangle.
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  • The Trust will generally not exceed a portfolio turnover rate of 100%.
  • Turnovermeans the amount paid or payable to You for goods sold and delivered and for services rendered in the course of the Business at the Premises.
  • The company’s annual turnover is somewhere around £70.7 million.

The turnover of a company is the value of the goods or services sold during a particular period of time. With regard to industrial and organizational environments, the quantity of workers who leave their tasks during a chosen time frame. A differention is usually made between manageable turnover and unmanageable turnover. The rate is computed by dividing manageable by the typical quantity of workers in the establishment or unit during this time frame. This rate can be an implicator of the general degree of task fulfillment across workers.

Job openings decreased to 11.3 million on the last business day of May. Hires and total separations changed little at 6.5 million and 6.0 million, respectively. The turnover of people in an organization or place is the rate at which people leave and are replaced.

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Portfolios that are actively managed should have a higher rate of turnover, while a passively managed portfolio may have fewer trades during the year. The actively managed portfolio should generate more trading costs, which reduces the rate of return on the portfolio. Investment funds with excessive turnover are often considered to be low-quality. Will Kenton is an expert on the economy and investing laws and regulations. Find out which words work together and produce more natural sounding English with the Oxford Collocations Dictionary app.

Turnover dictionary definition

We will examine the meaning of the terms turn over and turnover, their etymologies, and some examples of their use in a sentence or two. Turnovermeans the money paid or payable to the Insured for good sold and delivered and for services rendered in the course of the business at the Location. This is the British English definition of turnover.View American English definition of turnover. DisclaimerAll content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. The rate at which money or workers pass through a business.

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She turned around to find old Mary Otter staring at her open-mouthed while the turnovers in the frying-pan sent up a cloud of blue smoke. Cary, you might have made the turnovers for supper. The investigated stars were grouped according to their mass and the empirical turnover time was determined for each group. If you have lower than a ten percent turnover, there is a problem. And if you have higher than, say 20%, there is a problem. An apprentice whose indentures have been transferred or turned over to a new employer.

Turnover dictionary definition

High turnover can be costly to an organization because departing employees frequently need to be replaced. For employers or hiring managers, filling open positions can be a time-consuming activity, and leaving critical positions open for too long can have negative effects on an organization.

Turnover Noun Employees

Current guesstimates are that the company’s turnover will increase by 7% this year. It does not seem to me to be a good reason for keeping him out of some of his costs that you need time to work out the total amount. CareerOneStop— a source of helpful job search information.


Full BioAmy is an ACA and the CEO and founder of OnPoint Learning, a financial training company delivering training to financial professionals. She has nearly two decades of experience in the financial industry and as a financial instructor for industry professionals and individuals. The team committed/had two turnovers in the first quarter. A 10% rise in turnover would increase company profits by $3.3 million.


The word turnover is a closed compound word that came into use in the mid-1600s. The inventory turnover formula, which is stated as the cost of goods sold divided by average inventory, is similar to the accounts receivable formula. When you sell inventory, the balance is moved to the cost of sales, which is an expense account. The goal as a business owner is to maximize the amount of inventory sold while minimizing the inventory that is kept on hand. Turnover rate refers to the percentage of employees leaving a company within a certain period of time.

Assume that a mutual fund has $100 million in assets under management, and the portfolio manager sells $20 million in securities during the year. The rate of turnover is $20 million divided by $100 million, or 20%. A 20% portfolio turnover ratio could be interpreted to mean the value of the trades represented one-fifth of the assets in the fund.