round turn definition by Webster's New World
Webster's New World College Dictionary Copyright © 2010 by Wiley Publishing, Inc., Cleveland, Ohio. Used by arrangement with John Wiley & Sons, Inc.
one complete turn, as of a rope, around something
round turn - Investment & Finance Definition
The purchase and subsequent sale of a stock, futures contract, or another investment.
In futures trading, a completed trade involving the purchase and subsequent sale of a position, or the sale and subsequent covering purchase.