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Term of the Day
turnround
turnover ratio
stock turn
Definition
noun
(
Note
The US term is
turnaround
.)
the
value
of
goods
sold during a year divided by the
average
value of goods
held
in
stock
the
action
of emptying a ship, plane, etc., and getting it
ready
for another
commercial
journey
the act of making a
company
profitable
again
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