securities bought and sold for settlement on the same day. Also describes a firm that has been performing poorly, but changes its financial course and improves its performance. Bloomberg Financial Dictionary

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turnaround turn‧a‧round [ˈtɜːnəraʊnd ǁ ˈtɜːrn-] also turnround noun [countable usually singular]
1. COMMERCE the time between receiving an order for goods, dealing with it, and sending the goods to the customer:

• Some drivers are on a bonus for fast turnaround and deliveries.

2. a complete change from a bad situation to a good one:

• The large increase in sales indicates a turnaround for the company, which ran into tough times during the early 1990s.

turnaround in

• Managers don't expect a turnaround in profits yet.

3. a complete change in someone's opinion or ideas:
turnaround in

• a turnaround in government policy

* * *

turnaround UK US /ˈtɜːnəraʊnd/ noun [C, usually singular] also UK turnround)
COMMERCE, PRODUCTION the amount of time that it takes for a piece of work to be done, a product to be supplied, etc.: »

Management examined ways to speed up turnaround.

a big change that turns a bad situation into a good one: »

The insurance group's focus on new products played a big part in its turnaround.

a turnaround in sth »

The greatest turnaround in market conditions has been seen in the South East.

a turnaround plan/programme/strategy »

The troubled insurer announced a turnaround plan to rescue the business.

TRANSPORT the amount of time it takes for a truck, plane, etc. to get ready for a return trip: »

The airline's 25-minute turnaround time does not provide sufficient time for basic security checks.

Financial and business terms. 2012.

Игры ⚽ Поможем сделать НИР

Look at other dictionaries:

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  • turnaround — (n.) 1936, from verbal phrase turn around reverse, 1880, American English …   Etymology dictionary

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  • turnaround — (also turnround) ► NOUN 1) an abrupt or unexpected change. 2) the process of completing or the time needed to complete a task …   English terms dictionary

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  • Turnaround — The term Turnaround may mean:* Turnaround (road), a civil engineering term for a type of junction which enables traffic heading in one direction to efficiently turn around and head in the opposite direction. It is sometimes used as a synonym for… …   Wikipedia

  • Turnaround — Securities bought and sold for settlement on the same day. Also, when a firm that has been performing poorly changes its financial course and improves its performance. The New York Times Financial Glossary * * * turnaround turn‧a‧round… …   Financial and business terms

  • turnaround — [[t]tɜ͟ː(r)nəraʊnd[/t]] turnarounds 1) N COUNT: oft N in n A turnaround is a complete change in opinion, attitude, or method. I have personally never done such a complete turnaround in my opinion of a person... I don t see any vast turnarounds in …   English dictionary

  • Turnaround — Le terme turnaround (mot anglais qui signifie revirement ou retournement ) désigne, dans une progression harmonique, une suite d accords (issus de la même gamme diatonique) placée à la fin d une section harmonique, dont la fonction est de créer… …   Wikipédia en Français

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