Meaning of the word turnover in English

What does turnover mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

turnover

US /ˈtɝːnˌoʊ.vɚ/
UK /ˈtɝːnˌoʊ.vɚ/
"turnover" picture

Noun

1.

the amount of money taken by a business in a particular period

Example:
The company reported a significant turnover increase this quarter.
Small businesses often struggle with low turnover.
2.

the rate at which employees leave a company and are replaced by new ones

Example:
High employee turnover can be costly for businesses.
The company implemented new policies to reduce staff turnover.
3.

a small pie or pastry with a filling, folded over before baking

Example:
She baked apple turnovers for dessert.
The bakery sells delicious cherry turnovers.
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