noun
turnover
TNOHV
noun
1
The total amount of money a business takes in sales over a given period.
"The company reported an annual turnover of two million pounds."
2
The rate at which staff, stock, or customers are replaced.
"Staff turnover has been unusually high this year."
3
A small folded pastry filled with fruit or another filling.
"She baked an apple turnover for dessert."
4
In sports, a loss of possession of the ball without scoring.
"The turnover in the final minute cost them the game."
How to Use Turnover
Learner’s notesIn plain EnglishHow much money a business makes in sales, or how often staff/stock change over — also a folded fruit pastry.
Common mistake
Turnover (total sales) is not the same as profit — a business can have huge turnover and still lose money.
Common pairings
annual turnover
staff turnover
apple turnover
Word Forms
turnovers plural
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The company reported an annual _____ of two million pounds.
Etymology
From the phrasal verb "turn over", used as a noun for business activity, staff changes, or a pastry folded over itself.