turnover - Hutchinson encyclopedia article about turnover Printer Friendly
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turnover

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turnover

In finance, the value of sales of a business organization over a period of time. For example, if a shop sells 10,000 items in a week at an average price of £2 each, then its weekly turnover is £20,000. The profit of a company is not only affected by the total turnover but also by the rate of turnover. For turnover of staff, see labour turnover.



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(2) Nothing is to be gained by reversing into a following gale, and there is always risk of a turnover.
Mamma, however, is only going to bring Mary and Gus and Fred and Adelaide abroad with her; the others will remain at Kingscote until February (about the 3d), when they will go to Eastbourne for a month with Miss Turnover, the new governess, who has turned out such a very nice person.
Instead of shoes, the old man wore boots with turnover tops and his blue coat had wide cuffs of gold braid.
 
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