turnover
Definitions (3)
1. Accounting: (1) Annual sales volume net of all discounts and sales taxes. (2) Number of times an asset (such as cash, inventory, raw materials) is replaced or revolves during an accounting period.
2. Human resource management: Number of employees hired to replace those who left or were fired during a 12 month period.
3. Securities trading: Volume or value of shares traded on a stock exchange during a day, month, or year.
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