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English definition of “turnover”

turnover

noun [C or U] (BUSINESS)    /ˈtɜːnˌəʊ.vər/ US  /ˈtɝːnˌoʊ.vɚ/
C1 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
(Definition of turnover noun (BUSINESS) from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)
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