Turnover
Definition
Turnover can refer to the rate at which employees leave a workforce and are replaced, or the amount of money taken by a business in a particular period. It can also refer to a type of pastry or the act of turning something over.
Parts of Speech
Pronunciation
American English
- IPA Pronunciation: /ˈtɜrnoʊvər/
- Respelling: TUR-noh-vur (with "TUR" as in "fur," "noh" rhyming with "no," and "vur" as a schwa sound like the 'er' in "water")
British English
- IPA Pronunciation: /ˈtɜːnəʊvə/
- Respelling: TUR-noh-vuh (similar to American English, with "TUR" as in "fur," "noh" like in "no," and "vuh" as a schwa sound like the 'a' in "sofa")
In both dialects, "turnover" is pronounced with the primary stress on the first syllable, "TUR." The word begins with "TUR," similar to "fur," followed by "noh," which rhymes with "no," and concludes with "vur" or "vuh," depending on the dialect, representing a schwa sound. The pronunciation is quite similar between American and British English, with slight differences in the final syllable.
Etymology
Derived from the combination of the words "turn" and "over". Historically, "turn" is from Old English "turnian" and "over" from Old English "ofer." When combined, the term began to be used to describe the act of flipping or rotating something, and later extended metaphorically to other contexts, such as business or employee changes.
Derivatives
- High-turnover
- Turnover rate
- Employee turnover
- Annual turnover
- Sales turnover
Synonyms
Antonyms
- Retention
- Stability
- Constancy
Usage
- "The company experienced a high turnover rate last year, with many employees leaving."
- "The bakery is famous for its apple turnovers."
Related Terms
- Revenue
- Flux
- Replacement
- Churn rate
- Pastry
Detailed Definition
Noun
- Employee Departure and Replacement: The rate at which employees leave a company and are replaced by new employees.
- Example: High turnover can be costly for businesses due to the expense of training new employees.
- Revenue or Sales: The amount of money taken by a business in a particular period.
- Example: The company reported an annual turnover of $5 million.
- Pastry: A type of pastry made by filling a piece of dough with sweet or savory fillings, folding the dough over, and baking it.
- Example: She enjoyed a cherry turnover with her morning coffee.
- Act of Turning Something Over: The act or result of turning something over, especially an accident in which a vehicle turns over.
- Example: The car skidded on ice, resulting in a turnover.