turnover
Turnover (noun) means the total amount of money a business takes in sales over a given period. Example: “The company reported an annual turnover of two million pounds.”
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.
Turnover (total sales) is not the same as profit — a business can have huge turnover and still lose money.
Word forms
- Plural
- turnovers
Fill the gap
Can you complete this real example?
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.