turnover


turnover
I. noun Date: 14th century 1. an act or result of turning over ; upset 2. a turning from one side, place, or direction to its opposite ; shift, reversal 3. a reorganization with a view to a shift in personnel ; shake-up 4. something that is turned over 5. a filled pastry made by folding half of the crust over the other half 6. the amount of business done; especially the volume of shares traded on a stock exchange 7. a. movement (as of goods or people) into, through, and out of a place b. (1) a cycle of purchase, sale, and replacement of a stock of goods (2) the ratio of sales for a stated period to average inventory (3) the amount received in sales for a stated period c. the number of persons hired within a period to replace those leaving or dropped from a workforce; also the ratio of this number to the number in the average force maintained 8. the continuous process of loss and replacement of a constituent (as a cell or tissue) of a living system 9. the act or an instance of a team's losing possession of a ball through error or a minor violation of the rules (as in basketball or football) II. adjective Date: circa 1849 capable of being turned over

New Collegiate Dictionary. 2001.