Turnover

Dictionary Says

Definition of 'Turnover'

1. In accounting, the number of times an asset is replaced during a financial period.

2. The number of shares traded for a period as a percentage of the total shares in a portfolio or of an exchange.
Investopedia Says

Investopedia explains 'Turnover'

1. In accounting, turnover often refers to inventory or accounts receivable. A quick turnover is desired because it means that inventory is not sitting on the shelves for too long.

2. In a portfolio, a small turnover is desired because it means the investor is paying less in commissions to the broker. It is called "churning" when a broker unethically generates numerous trades solely in order to increase commissions.

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Related Definitions

  1. Accounts Receivable - AR

    Money owed by ...
  2. Asset

    1. A resource ...
  3. Churning

    Excessive ...
  4. Asset Turnover

    The amount of ...
  5. Inventory Turnover

    A ratio showing ...
  6. Working Capital Turnover

    A measurement ...
  7. Asset Performance

    A business's ...
  8. Tax-Efficient Fund

    A mutual fund in ...
  9. Farm Team

    A baseball ...
  10. Overall Turnover

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