turn ‧ o ‧ ver /ˈtɜːnˌəʊvə $ ˈtɜːrnˌoʊvər/ BrE AmE noun
1 . [singular, uncountable] British English the amount of business done during a particular period
turnover of
The illicit drugs industry has an annual turnover of some £200 billion.
turnover rose/fell
Turnover rose 9%.
2 . [singular, uncountable] the rate at which a particular kind of goods is sold
turnover of
Tri-Star’s fast turnover of stock
3 . [singular, uncountable] the rate at which people leave an organization and are replaced by others
turnover of
Low pay accounts for the high turnover.
staff/labour turnover
a high degree of labour turnover among women
4 . [countable] a small fruit ↑ pie :
an apple turnover
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THESAURUS
▪ profit money that you gain by selling things or doing business, after your costs have been paid:
Our profits are down this year.
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The big oil companies have made enormous profits following the rise in oil prices.
▪ earnings the profit that a company makes:
The company said it expected fourth-quarter earnings to be lower than last year’s results.
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Pre-tax earnings have grown from $6.3 million to $9.4 million.
▪ return the profit that you get from an investment:
You should get a good return on your investment.
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We didn’t get much of a return on our money.
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They’re promising high returns on investments of over $100,000.
▪ turnover the amount of business done during a particular period:
The illicit drugs industry has an annual turnover of some £200 bn.
▪ takings the money that a business, shop etc gets from selling its goods in a day, week, month etc:
He counted the night’s takings.
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This week’s takings are up on last week’s.
▪ interest money paid to you by a bank or other financial institution when you keep money in an account there:
They are offering a high rate of interest on deposits of over £3000.
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The money is still earning interest in your account.
▪ dividend a part of a company’s profit that is divided among the people who have shares in the company:
Shareholders will receive a dividend of 10p for each share.
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The company said it will pay shareholders a final dividend of 700 cents a share.