Turnover - Meaning, Definition & English Examples
Turnover refers to the rate at which employees leave and are replaced in a company, or the total sales revenue of a business within a specific period. It can also mean a type of pastry.
Definition:
The amount of money a business earns in sales during a specific period, or the rate at which employees leave and are replaced.
Synonyms:
revenue, sales, income, output
Part of Speech:
noun
Antonyms:
stability, retention
Common Collocations:
annual turnover, high turnover, employee turnover, business turnover, sales turnover
Derivatives:
turn over (verb), turned over (past tense)
Usage Tips:
Use "turnover" for financial contexts or employee changes; avoid confusion with "turn over," which means to flip something physically.
Common Phrases:
turnover rate, staff turnover, apple turnover (pastry)
Etymology:
Originated from the verb "turn over," combining "turn" (Old English *tyrnan*) and "over" (Old English *ofer*).
Examples:
- 1. The company's annual turnover exceeded $1 million last year.
- 2. High employee turnover can harm workplace morale and productivity.
- 3. She baked delicious apple turnovers for the school fundraiser.
- 4. The store's rapid turnover of stock keeps customers coming back.