TURNOVER meaning: 1. the amount of business that a company does in a period of time: 2. the rate at which employees…. Learn more. Turnoverdefinition: an act or result of turning over; upset.. See examples ofTURNOVERused in a sentence. 2 meanings: 1. Theturnoverof a company is the value of the goods or services sold during a particular period of time..... Click for more definitions. DefinitionofTurnoverIn accounting, the termturnovercan have more than onemeaning. In some countriesturnoveris used in place of sales.Turnoveralso pertains to certain financial ratios that relate a balance sheet (average) amount to an income statement amount. Outside of accounting,turnoveris used to express the rate at which a company has to replace the employees who leave the ...
