turnkey contract Meaning in the Cambridge English Dictionary Cambridge dictionaries logo
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Meaning of “turnkey contract” in the English Dictionary

"turnkey contract" in Business English

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turnkey contractnoun [C]

uk   us   COMMERCE, PROPERTY
a ​contract in which a ​company is given ​fullresponsibility to ​plan and ​build something that the ​client must be able to use as soon as it is ​finished without needing to do any further ​work on it themselves: The stadium is being ​built under a ​turnkeycontract.
(Definition of turnkey contract from the Cambridge Business English Dictionary © Cambridge University Press)
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