turnovernoun
uk/ˈtɜːnˌəʊ.vər/us/ˈtɝːnˌoʊ.vɚ/turnover noun (BUSINESS)
C1 [ C or U ] the amount of business that a company does in a period of time:
Large supermarkets have high turnovers (= their goods sell very quickly).
The business has an annual turnover of £50,000.
More examples
- The seven companies have an aggregate turnover of £5.2 million.
- Current guesstimates are that the company's turnover will increase by 7% this year.
- The company's annual turnover is somewhere around £70.7 million.
- Last year the company's turnover was $240 billion, up 3% on the previous year.
Thesaurus: synonyms and related words
Profits & losses
- break
- capital gains
- deficit
- diminishing returns
- gold mine
- gross receipts
- in/out of pocket idiom
- interim
- ka-ching
- licence
- loss
- loss-making
- pay
- profit from sth
- profit sharing
- rig
- rig the market idiom
- speculation
- takings
- uneconomic
See more results »
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
- There is a very high turnover of staff at the hospital.
- There is a high turnover of residents in the city.
- The turnover rate amongst permanent employees is quite low.
Thesaurus: synonyms and related words
Retiring & resigning
- abdicate
- attrition
- bow 1
- bow out
- chuck
- chuck sth in
- demit
- drop
- golden parachute
- leave the field open for sb idiom
- natural wastage
- outgoing
- pension sb off
- retiring
- serve
- serve sth out
- stand aside
- stand down
- step
- throw
See more results »
turnover noun (CAKE)
[ C ] a small cake made from a folded piece of pastry with fruit inside:
an apple turnover
Thesaurus: synonyms and related words
Pastry & pies
- apple pie
- baked goods
- banoffee pie
- cheesecake
- choux pastry
- Danish pastry
- filo pastry
- flan
- mince pie
- pasty
- pie crust
- pork pie
- pot pie
- profiterole
- puff
- puff pastry
- strudel
- tart
- vol-au-vent
- éclair
See more results »