turnkey

turnkey definition - business

turnkey

Describing a system or project ready for immediate use—the end user need only open the door or turn it on. For example, a business may be offered as a turnkey operation, in which case a buyer can immediately begin operations. Likewise, a turnkey software program can be installed and used immediately.

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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