turnover

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turnover

1. 
a. the amount of business, usually expressed in terms of gross revenue, transacted during a specified period
b. (as modifier): a turnover tax
2. the rate at which stock in trade is sold and replenished
3. 
a. the number of workers employed by a firm in a given period to replace those who have left
b. the ratio between this number and the average number of employees during the same period
Collins Discovery Encyclopedia, 1st edition © HarperCollins Publishers 2005

turnover

[′tərn‚ō·vər]
(cell and molecular biology)
The number of substrate molecules transformed by a single molecule of enzyme per minute, when the enzyme is operating at maximum rate.
McGraw-Hill Dictionary of Scientific & Technical Terms, 6E, Copyright © 2003 by The McGraw-Hill Companies, Inc.

attrition rate

The number of employees who retired or resigned in a given year compared with the average number of employed people. For example, if 100 people leave a department of 1,000, the attrition rate, or "turnover," is 10%. The term also applies to customers who stop subscribing to a service, which is typically called "churn rate." See attrition.
Copyright © 1981-2019 by The Computer Language Company Inc. All Rights reserved. THIS DEFINITION IS FOR PERSONAL USE ONLY. All other reproduction is strictly prohibited without permission from the publisher.
References in periodicals archive ?
'LTA will always remain engaged with operators and will not interfere with promotion that will support the sustainability of the sector, and contribute to macro-economic instability of the nation.'As a result of the new regulation, the two GSM companies in Liberia, Lone Star Cell MTN and Orange-Liberia have accordingly adjusted fees, canceling some promotions.
Providing pop up courts and equipment, LTA works with 160 organisations and 'Activators' to deliver Serves sessions in over 200 community venues ranging from youth clubs to mosques and temples.
The research suggests the LTA will "bite" more severely over time, dragging in hundreds of thousands of workers who would not necessarily regard themselves as being rich.
Stressing that the LTA, together with other relevant bodies, would take all necessary action to implement the review recommendations in full, he added: "The LTA will redouble our efforts to raise safeguarding standards in tennis and ensure clubs nationwide set and uphold the highest possible standards in this area."
The deal comes a month after a subsidiary of Malaysia's Supura Energy joined the LTA programme.
Loughborough University's executive director of sport, John Steele, said: "We are absolutely delighted to have been chosen by the LTA to host a National Academy at Loughborough University.
The LTA warned Evans that that their support to the Briton is dependent on his level of professionalism.
An LTA spokesperson said: "The LTA condemns any form of doping.
LTA is a tax exemption given to employees by their employer, when the former is travelling with their family or alone.
Meanwhile, the LTA would have the authority to grant a Certificate of Public Convenience and Necessity to qualified franchise holders.
The LTA were forced to apologise for not protecting children after Sanders "took advantage" of the girl during a six-month period.