An example of something that would be described as turnkey is a turnkey house, a finished, furnished house.
- that is purchased, installed, etc. completely ready for use or operation: a turnkey housing project, turnkey computer system
- of or having to do with a business, installation, or system so ready: a turnkey construction contractor
- Supplied, installed, or purchased in a condition ready for immediate use, occupation, or operation: a turnkey computer system; a turnkey housing project.
- Of or relating to something supplied, installed, or purchased in this manner: a turnkey agreement.
(third-person singular simple present turnkeys, present participle turnkeying, simple past and past participle turnkeyed)
- to supply a turnkey product; to supply something fully assembled and ready to use
- We can sell you all the parts, or we can turnkey the entire unit.
turnkey - Computer Definition
turnkey - Investment & Finance Definition
A business, such as a franchise, that is created by the seller and sold to the buyer who can “turn the key” and begin work without any other preparation. Often project construction or computer installation are services provided by turnkey businesses.