Trader's Unique Reference Number - used to identify an importer numerically. It is normally based on the trader's VAT registration number, with a three digit extension. HM Customs & Revenue Glossary

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I. turn turn 1 [tɜːn ǁ tɜːrn] noun
1. [countable] FINANCE the difference between the price at which a marketmaker will buy and sell a particular share; = SPREAD
2. [singular] if something takes a particular turn, it starts developing in a completely different way:

• Things may take a bad turn and the economic situation may deteriorate.

• The economy seems to be taking a turn for the worse (= suddenly becoming worse ) .

  [m0] II. turn turn 2 verb
turn a profit to make a profit:

• The China operation has just started turning a profit.

turn something → around also turnsomething ↔ round phrasal verb [transitive]
1. to make a business that is having difficulties successful again:

• New models and new ideas have turned the company around and saved the factory from closure.

2. to complete the process of making a product or providing a service:

• The company reduced the average time it takes to turn around a new product to 20 days.

— see also turnaround
turn down phrasal verb
1. [transitive] turn something → down to refuse an offer or request:

• He turned down a job at an investment bank.

2. [intransitive] if an economy etc turns down, the level of activity etc falls, companies become less profitable etc:

• When the economy turns down, the aerospace industry suffers too, however exciting the projects.

— see also downturn
turn something → out phrasal verb [transitive]
to produce or make a lot of a particular product:

• The factory turns out 300 units a day.

turn over something phrasal verb [transitive]
if a business turns over a particular amount of money, it makes that amount in a particular period of time:

• We were turning over $2000 a week when business was good.

— see also turnover
turn something over to somebody phrasal verb [transitive]
to give someone ownership of property, a business etc, or responsibility for doing something, so that you no longer have it:

• I'm turning the shop over to my son when I retire.

• Half of the bank's assets were turned over to government agencies.

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turn UK US /tɜːn/ verb [I or T]
to change into something or make something change into something: turn sth into sth »

These machines can turn a computer design into a 3-D prototype in minutes.


With some wise internet trading, he managed to turn $68,000 into $100,000 in three years.

to change direction, or to make something change direction: »

The first quarter could see a further decline in retail customers, though executives said they were confident the trend will turn.

turn negative/positive »

Sales are expected to turn positive in the first quarter of next year.


turn higher/lower

turn sth on its head — Cf. turn sth on its head
turn a profit — Cf. turn a profit
turn sth to your advantage — Cf. turn sth to your advantage
turn your back on sth — Cf. turn your back on sth
turn UK US /tɜːn/ noun
[S] FINANCE, ECONOMICS a change in the way something such as prices, rates, or the economy is behaving: »

It is too early to know whether the economy has reached a turn in the cycle.

take a turn for the better/worse »

Media stocks took a turn for the better.

bad/downward/upward turn »

The figures have taken a downward turn.

[C] FINANCE, STOCK MARKET the profit from an investment: »

The shares were picked up by investors looking to make a quick turn on their money.

[C] STOCK MARKET, FINANCE the difference between a trader’s buying price and selling price for particular shares, currencies, etc.
See also SPREAD(Cf. ↑spread) noun

Financial and business terms. 2012.

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Look at other dictionaries:

  • Turn — (t[^u]rn), v. t. [imp. & p. p. {Turned}; p. pr. & vb. n. {Turning}.] [OE. turnen, tournen, OF. tourner, torner, turner, F. tourner, LL. tornare, fr. L. tornare to turn in a lathe, to rounds off, fr. tornus a lathe, Gr. ? a turner s chisel, a… …   The Collaborative International Dictionary of English

  • turn — [tʉrn] vt. [ME turnen < OE turnian & OFr turner, tourner, both < L tornare, to turn in a lathe, turn < tornus, lathe < Gr tornos, lathe, carpenter s compasses, akin to terein, to bore through: for IE base see THROW] I to cause to… …   English World dictionary

  • turn — ► VERB 1) move in a circular direction wholly or partly around an axis. 2) move into a different position, especially so as to face or move in the opposite direction. 3) change in nature, state, form, or colour; make or become. 4) shape on a… …   English terms dictionary

  • Turn — Turn, v. i. 1. To move round; to have a circular motion; to revolve entirely, repeatedly, or partially; to change position, so as to face differently; to whirl or wheel round; as, a wheel turns on its axis; a spindle turns on a pivot; a man turns …   The Collaborative International Dictionary of English

  • Turn — Turn, n. 1. The act of turning; movement or motion about, or as if about, a center or axis; revolution; as, the turn of a wheel. [1913 Webster] 2. Change of direction, course, or tendency; different order, position, or aspect of affairs;… …   The Collaborative International Dictionary of English

  • turn — TURN, turnuri, s.n. 1. Construcţie prismatică sau cilindrică, clădită separat sau făcând parte dintr un complex arhitectural, fiind de obicei mai înaltă decât celelalte construcţii. ♢ Turn de răcire = construcţie de lemn, de piatră, de beton… …   Dicționar Român

  • turn — turn; coun·ter·turn; re·turn·abil·i·ty; re·turn·able; re·turn·ee; re·turn·less; tac·i·turn; tac·i·turn·ly; top·sy·turn; turn·able; turn·bull s; turn·dun; turn·halle; turn·pik·er; turn·sole; turn·ver·ein; un·turn; noc·turn; re·turn; turn·wrest;… …   English syllables

  • Turn — may refer to:In music: *Turn (music), a sequence of several notes next to each other in the scale *Turn (band), an Irish rock group:* Turn LP, a 2005 rock album by Turn * Turn (The Ex album), a 2004 punk album by The Ex * Turn (Feeder song), a… …   Wikipedia

  • Turn It Up — «Turn It Up» Sencillo de Paris Hilton del álbum Paris Publicación 15 de julio de 2006 Formato Descarga digital, sencillo en CD Grabación 2006 …   Wikipedia Español

  • turn — [n1] revolution, curving about face, angle, bend, bias, bow, branch, change, changeabout, circle, circuit, circulation, circumvolution, corner, curve, cycle, departure, detour, deviation, direction, drift, flection, flexure, fork, gyration, gyre …   New thesaurus

  • Turn It Up — may refer to:* Turn It Up (film), a 2000 drama/musical movie * Turn It Up! , an American television game show * Turn It Up (album), an album by Shannon Noll * , an album by Busta Rhymes * Turn It Up (Johnta Austin song) * Turn It Up (Brandy song) …   Wikipedia

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