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English definition of “turnover”

turnover

noun uk   /ˈtɜːnˌəʊ.vər/ us    /ˈtɝːnˌoʊ.vɚ/

turnover noun (BUSINESS)

C1 [C or U] the amount of business that a company does in a period of time: Large supermarkets have high turnovers (= their goods sell very quickly). The business has an annual turnover of £50,000.Profits and losses

turnover noun (EMPLOYEES)

C2 [S or U] the rate at which employees leave a company and are replaced by new people: The large number of temporary contracts resulted in a high turnover of staff.US They've had a lot of turnover at the factory recently.Retiring and resigning from work

turnover noun (CAKE)

[C] a small cake made from a folded piece of pastry with fruit inside: an apple turnoverPastry and pies
(Definition of turnover from the Cambridge Advanced Learners Dictionary & Thesaurus © Cambridge University Press)
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