turnaround

noun turn·around \ ˈtərn-ə-ˌrau̇nd \

|Updated on: 13 Aug 2018

Examples: turnaround in a Sentence

Definition of turnaround

1 a : the action of receiving, processing, and returning something

24-hour turnaround time on most orders

b : the process of readying a transport vehicle for departure after its arrival; also : the time spent in this process

a quick turnaround between flights

2 a : turnabout 1a

a corporate turnaround

b : turnabout 1b

3 : a space permitting the turning around of a vehicle

4 : a jump shot by a player facing away from the basket who turns toward the basket while shooting —often used attributively

a turnaround jumper

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Examples of turnaround in a Sentence

The turnaround for most orders is 24 hours.
There is a 24-hour turnaround time on most orders.
a quick turnaround between flights
The team needs a big turnaround after their loss last week.
The company has achieved a remarkable turnaround in the past year.
The latest news has caused a turnaround in public opinion.

Recent Examples of turnaround from the Web

Wealth management is the centerpiece of Chief Executive James Gorman’s turnaround plan for the firm, an effort that has revived Morgan Stanley’s fortunes.

— liz hoffman, WSJ, "Morgan Stanley Brokerage Executive Departs Following Harassment Claims in Branches He Managed," 11 July 2018
Yeo estimates that 601 Dupont will open in July — a fast-turnaround for a new restaurant.

— jonathan kauffman, San Francisco Chronicle, "Straits Restaurant owners taking over historic Cathay House in Chinatown," 10 May 2018
Li & Fung, which began implementing its quick-turnaround strategy in 2017, has for now trimmed 20 percent off of the supply chain timeline.

— chicago tribune, chicagotribune.com, "'Speed up or die' is the new reality for US apparel retailers," 26 Mar. 2018
RadPiper was funded by $1.4 million from the DOE, which worked closely with Carnegie Mellon University and Fluor-BWXT to build a prototype and test it on a quick-turnaround schedule.

— megan geuss, Ars Technica, "Want to demolish a uranium enrichment facility? Ask a pipe-crawling robot first," 25 Mar. 2018
Li & Fung, which began implementing its quick-turnaround strategy in 2017, has for now trimmed 20 percent off of the supply chain timeline.

— lindsey rupp, Bloomberg.com, "‘Speed Up or Die’ Is the New Reality for U.S. Apparel Retailers," 21 Mar. 2018
But for McVay and the Rams, whose worst-to-first turnaround has rightfully inspired confidence in their system, the trade for Peters is essentially playing with house money.

— terez a. paylor, kansascity, "Rams’ trade for Marcus Peters proves their belief in their football culture," 24 Feb. 2018
For years, the company has funneled its energies into quick-turnaround, splashy upgrades that are designed to wow the faithful and make rivals seem slow-footed.

— mark gurman, Houston Chronicle, "How Apple plans to root out bugs, revamp iPhone software," 12 Feb. 2018
For years, the company has funneled its energies into quick-turnaround, splashy upgrades that are designed to wow the faithful and make rivals seem slow-footed.

— mark gurman, ajc, "How Apple plans to make your iPhone less buggy this fall," 12 Feb. 2018

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'turnaround.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

First Known Use of turnaround

1926

in the meaning defined at sense 1b

See Words from the same year

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turnaround Synonyms

Synonyms

about-face, flip-flop, reversal, turnabout, U-turn;

Related Words

bait and switch, switcheroo;

denial, disaffirmance, disavowal, disownment, recantation, renunciation, repudiation, retraction;

reconsideration, retreat, second thought;

hesitation, indecision, irresolution, shilly-shallying, vacillation, wavering, wobbling (also wabbling);

Phrases

change of heart;

turn around

verb

Definition of turn around

intransitive verb

1 : to become changed for the better

2 : to act in an abrupt, different, or surprising manner —used with and

after three years he just turned around and left school

transitive verb

: to change for the better

turned her life around

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Recent Examples of turn around from the Web

Photo: Johanna Huckeba/THE WALL STREET JOURNAL Casual-dining chains are taking cues from Olive Garden, which showed how a struggling brand can turn around.

— julie jargon, WSJ, "Casual-Dining Chains Step Up to the Plate," 3 July 2018
Lynn Tilton Reacts to Winning SEC Fraud Trial (Video) The claim in one of many legal fights for Tilton, whose company specializes in investing in and turning around distressed businesses.

— christie smythe, Bloomberg.com, "Lynn Tilton Is Suing a Private Jet Pilot Who Left Her Company," 21 Mar. 2018
No matter which company comes out on top, either is expected to turn around and offer up Fox’s roster of 22 regional sports networks (RSNs), from YES Network in New York to Fox Sports West in Southern California.

— jacob feldman, SI.com, "Five Potential Buyers for Fox's 22 Regional Sports Networks," 12 July 2018
Others turned around and went home, avoiding the squealing children.

— ruth brown, idahostatesman, "Boise Towne Square becomes ‘unbearable’ as shoppers wait for toy promotion," 12 July 2018
To turn around the brand’s image, Tim Hortons has invested in digital integration, experimented with limited rollouts of novel offerings such as poutine doughnuts, and is remodeling restaurants.

— jaewon kang and dawn lim, WSJ, "Tim Hortons Tests China’s Appetite for Canadian Coffee," 11 July 2018
Some residents on Pacific have complained that the road’s current configuration forces drivers to go onto their properties to turn around, sometimes bumping other vehicles.

— luke money, latimes.com, "Costa Mesa won’t place Fairview Park projects on the ballot, revising some so they won’t need a public vote," 5 July 2018
And then that person is turning around and selling it, often times via some social media.

— kyle hopkins, Anchorage Daily News, "How counterfeit cash, SB 91 & stolen guns fit into the Anchorage car theft epidemic: A Q&A with detectives," 28 June 2018
Prior to the appointment of an emergency manager, the DUAB hired financial specialist Jack Martin to turn around the district’s finances.

— carole carlson, Post-Tribune, "Gary schools' debt figure corrected," 14 June 2018

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'turn around.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

First Known Use of turn around

1934

in the meaning defined at intransitive sense 2

See Words from the same year

NEW! Time Traveler

Financial Definition of TURNAROUND

turnaround

noun

What It Is

A turnaround occurs when a company takes successful steps to correct a period of deteriorating financial performance.

How It Works

To turn a business' financial results around, companies often obtain special financing for revitalization projects or hire managers with a proven track record of improving the financial results at struggling companies. Famous "turnaround" CEOs include Al "Chainsaw" Dunlap, who was hired in 1996 to turn Sunbeam around, or Jacques "The Knife" Nasser, who was tapped in 1999 to revitalize operations at Ford (NYSE: F).

Turnarounds frequently involve stabilizing the business and then cutting costs, reducing the workforce, selling superfluous assets, divesting entire divisions, retiring excess debt, and/or dramatically changing how the company markets or sells its products. In some cases, turnarounds also involve filing for bankruptcy in an effort to reduce/restructure heavy debt loads.

Why It Matters

Turnaround efforts can be risky and don't always end in success. According to a Harvard Business Review study, about 70% of all turnaround efforts fail. However, some companies -- like MCI and K-Mart -- have emerged from bankruptcy, addressed critical problems, and made gradual improvements.

By definition, companies in need of a turnaround have reported declining financial results, and many have seen their shares collapse as investors lost faith and sold their positions. As a result, companies seeking to turn around their operations often trade at a sharp discount. Such firms often capture the attention of value investors, particularly when there is a strong possibility that turnaround efforts are likely to deliver improved financial performance in the near future. In fact, the mere announcement that a company plans to engage in turnaround efforts often results in an increased stock price.

Source: Investing Answers

TURNAROUND Defined for English Language Learners

turnaround

noun

Definition of turnaround for English Language Learners

: the time it takes someone to receive, deal with, and return something
: the process of making something (such as an airplane) ready for use again after it has arrived at a place
: a complete change from a bad situation to a good situation, from one way of thinking to an opposite way of thinking, etc.