Another Word For Turnover
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Meaning
The term turnover generally refers to the amount of money taken by a business in a particular period, often used to measure a company's revenue or sales performance. It can also refer to the rate at which employees leave and are replaced in a company, indicating employee retention and hiring practices.
Synonyms
- Revenue
- Sales
- Earnings
- Income
- Gross sales
Antonyms
Etymology
The word "turnover" originates from the combination of "turn," which means to change position or direction, and "over," indicating a change or an end state. Its use in a commercial context has evolved to refer to the money that "turns over" or circulates in a business.
Examples
- The company reported a significant increase in turnover this quarter, indicating strong sales performance.
- The high turnover rate at the firm has raised concerns about employee satisfaction.
- They aim to improve their turnover by implementing better marketing strategies.
- After analyzing their turnover, the CEO decided to diversify the product line.
- The restaurant experienced a high turnover of staff during the busy summer months.