turnaround

noun
turn·​around | \ ˈtərn-ə-ˌrau̇nd How to pronounce turnaround (audio) \

Definition of turnaround

 (Entry 1 of 2)

1a : 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
2a : turnabout sense 1a a corporate turnaround
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

turn around

verb
turned around; turning around; turns around

Definition of turn around (Entry 2 of 2)

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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Synonyms for turnaround

Synonyms: Noun

about-face, about-turn [British], flip-flop, reversal, turnabout, U-turn, volte-face

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Examples of turnaround in a Sentence

Noun

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.
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Recent Examples on the Web: Noun

Meanwhile, progressive Josette Bourdeu was elected mayor in 2014 and worked with the tourism board to develop a turnaround strategy. Chris O'brien, latimes.com, "A rebirth for Lourdes, France, driven somewhat by the saintly life of Bernadette," 11 July 2019 Last week, Border Patrol agents in Southern California were checking hiding spots and tracking footprints near Interstate 8 when one of the agents saw a black car pull off the highway onto a dirt turnaround, according to a criminal complaint. Patrick Perron, The Mercury News, "Two California Marines charged with smuggling immigrants into the United States," 10 July 2019 To O’Connor, Orlando’s depth and ability to rotate off the bench is one of its most important tools available to help handle quick turnarounds between games. Julia Poe, Pro Soccer USA, "Orlando City set to face rival NYCFC in U.S. Open Cup quarterfinals," 10 July 2019 Television and movie productions had fled New York City for cheaper locations, and the new studio was trying to ignite a turnaround. Matthew Haag, New York Times, "De Niro and Netflix Bet That New York Can Be a New Hollywood," 10 July 2019 Last week, Border Patrol agents in Southern California were checking hiding spots and tracking footprints near Interstate 8 when one of the agents saw a black car pull off the highway onto a dirt turnaround, according to a criminal complaint. Eliott C. Mclaughlin, CNN, "Marines charged with smuggling immigrants into the United States," 9 July 2019 The plays were catalysts for the Bears’ turnaround from a 5-11 record in 2000 to a 13-3 mark and their first playoff appearance since 1994. Will Larkin, chicagotribune.com, "Ranking the 100 best Bears players ever: No. 58, Mike Brown," 9 July 2019 New York will need a sizable turnaround soon to visit the White House during Booker's potential presidency. Michael Shapiro, SI.com, "Cory Booker Will Use 'New Jersey Giants' During Potential White House Visit," 9 July 2019 On Friday, Brittney Griner's last-minute turnaround shot bouncing off the rim was the difference in a tough, 80-76 loss to the New York Liberty. Julia Stumbaugh, azcentral, "Brittney Griner finds redemption in game-winning free throws as Mercury beat Dream," 8 July 2019

Recent Examples on the Web: Verb

That is one thing this streaky team has been able to count on—that things will turn around. San Diego Union-Tribune, "Padres head to L.A. after sweep by Giants," 3 July 2019 Camilla turns around, as if to join the conversation, but then kind of awkwardly stands there as Kate and Letizia continue their conversation. Kayleigh Roberts, Marie Claire, "Kate Middleton Accused of Ignoring Camilla Parker Bowles in a Video with Queen Letizia of Spain," 30 June 2019 Primary Detour: Eastbound I-10 and southbound Loop 410 traffic seeking to exit to Ackerman will take Loop 410 southbound, exit at FM 1346 (East Houston Street), then turn around and take the northbound frontage road to Ackerman. Bruce Selcraig, ExpressNews.com, "Interestate 10 work to delay summer eastbound traffic between Loop 410 and Loop 1604," 27 June 2019 The feds then turned around and prosecuted him for the same crime. Andrew C. Mccarthy, National Review, "The Supreme Court Was Right to Uphold the Dual-Sovereignty Doctrine," 19 June 2019 At the first door, one of Hanna’s friends, Tess Forman, turned around. Kevin Grasha, Cincinnati.com, "'He's killing him!': 2018 baseball bat attack in Montgomery described by victims," 18 June 2019 How things turned around Clashes broke out June 12 between some of the protesters and riot police, who fired rubber bullets and tear gas at demonstrators, and more than 80 people were injured. Tripti Lahiri, Quartz, "Hong Kong has pulled off an amazing win against a dire threat to its freedoms," 15 June 2019 After limping halfway to the Warriors’ locker room, Thompson turned around, stepping onto the court to a loud roar. Connor Letourneau, SFChronicle.com, "Warriors’ season over: Klay Thompson tears ACL in Game 6 loss to Raptors," 14 June 2019 There were no points attached, but Larson gets a $1 million first prize and the feeling that things are turning around for his team. Pete Iacobelli, The Seattle Times, "NASCAR changes play part in thrilling All-Star Race," 19 May 2019

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.

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First Known Use of turnaround

Noun

1926, in the meaning defined at sense 1b

Verb

1934, in the meaning defined at intransitive sense 2

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Statistics for turnaround

Last Updated

15 Jul 2019

Look-up Popularity

Time Traveler for turnaround

The first known use of turnaround was in 1926

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More Definitions for turnaround

turnaround

noun

Financial Definition of turnaround

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

noun

English Language Learners Definition of turnaround

: 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.

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