turnover (C1)
noun
Pronunciation: [ˈtɜːrnəʊvər]
Definition
The total amount of sales or revenue a business makes in a particular period.
Examples
The restaurant's monthly turnover was over $50,000.
High staff turnover can be a sign of underlying problems in a company.
The e-commerce giant reported a record turnover for the holiday season.
How to Use turnover
- turnover of staff (collocation)
- The rate at which employees leave a workforce and are replaced. — "The high turnover of staff in the retail sector is a persistent issue."
- turnover rate (collocation)
- The speed at which a business sells or sells off inventory or assets. — "The inventory turnover rate for this product is very high."
Synonyms of turnover
Words with a similar meaning to turnover:
Antonyms of turnover
Words with the opposite meaning to turnover:
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