turnaround
turnaround definition - business
turnaround
- The process of moving from a period of losses or low profitability into a more profitable stage. A turnaround may be triggered by a number of factors, including a better use of assets or the development of new products and services.
- A security that is in the process of reversing a declining price trend.
- The purchase and sale of a security on the same day.
The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
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