Words / B2

TURN-ohv-uh/ˈtɜːnəʊvə/

Turnover is the value of goods a firm sells in a period, or the rate at which people leave a job: annual turnover; staff turnover. Turn over is a phrasal verb (pages, control); leftover is remaining food. Quote turnover in £, not a slogan. Mix-up: leftover / turn over / turnout (already at a higher level). Do not confuse turnover with profit (profit is after costs).

Meaning

The value of sales in a period, or the rate at which people leave jobs.

Examples

• “Quote annual turnover in £ in the accounts extract, not a slogan.”
• “Staff turnover rose after the restructure, which is the people-leaving sense — still give the rate.”

Good to know

annual / sales turnover; staff turnover. Not the same as profit. Phrasal: turn over. Trap: leftover / turnout. Business and news. Sales value, or how fast staff leave — specify.

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