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English definition of “turnaround”

turnaround

noun (BIG CHANGE)    /ˈtɜːn.ə.raʊnd/ US  /ˈtɝːn-/
[S] (UK also turnround) an occasion when a business, plan, or system suddenly becomes successful: The chairman was responsible for the turnaround in the company's fortunes.Success and achievementsHigher and lower points of achievementFailuresStarting, succeeding and failing in business [S] (UK also turnround) any change from one thing to its opposite: What a turnaround - they were losing 3–0, but in the end they won 4–3.Change and changes
(Definition of turnaround noun (BIG CHANGE) from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)
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