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turnover rate

   Also found in: Dictionary/thesaurus, Financial, Wikipedia, Hutchinson 0.03 sec.
turnover rate [′tərn‚ō·vər ‚rāt]
(chemical engineering)
In an industrial catalytic process, a value corresponding to the turnover number per specified unit of time.


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An earlier study by the Los Angeles Alliance for a New Economy found that in 37 of the city's large offices, guards had an annual turnover rate of 60 percent to 243 percent.
The plan was prompted by a recent study by the Los Angeles Alliance for a New Economy, which found that the turnover rate among security guards was more than 100 percent at 37 buildings downtown.
The only profitability measure that lagged other years was asset turnover rate.
 
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