TURNOVER

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Definitions

1. generally, the amount of business transacted during a given period of time; also called "overturn."

2. in merchandising, the number of times a particular stock of goods is sold and restocked during a given period.

3. in investments, the volume of business in a security or the entire stock market during a given time.

4. in personnel, the number of workers hired by a company to replace those who have left.