Meaning & Definition of word "Turnaround"
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Turnaround
/ˈtɜrnəˌraʊnd/
noun:
- 1. The act or process of changing direction or reversing a situation.
- Example: The company's impressive turnaround in profits astounded investors.
- 2. A change in policy or strategy that leads to improvement.
- Example: The new management team executed a successful turnaround strategy for the struggling firm.
- 3. The time taken to complete a process or fulfill a request.
- Example: The turnaround time for the project was reduced significantly after implementing new procedures.
- 4. The process of someone leaving and returning, particularly in a transportation context.
- Example: The bus has a quick turnaround at the station to keep to its schedule.
verb:
- 1. To turn something around; to change something for the better.
- Example: The leader was able to turnaround the failing project with innovative solutions.
Etymology
Early 20th century; from turn + around.
Common Phrases and Expressions
turnaround time:
The time taken to complete a particular process.
turnaround strategy:
A plan implemented to improve a failing situation.
make a turnaround:
To achieve a notable change in performance.
Related Words
restructuring:
The process of organizing a company or system to improve efficiency.
revival:
An improvement in the condition or strength of something.
Slang Meanings of turnaround
Meaning: A dramatic recovery in performance or success.
Example Sentence: That band's latest album was a total turnaround for them.
Meaning: To change one's mind or position quickly.
Example Sentence: He had a quick turnaround on that decision after hearing new information.