|
WordNet-Online
Definitions from WordNet
Noun turnover rate has 1 sense
| ||||
Definitions from the WebTurnover RateDescription:The turnover rate refers to the frequency at which employees leave or are replaced in a company during a certain period of time. It is commonly used as a measure to gauge the stability and efficiency of an organization's workforce. Senses and Usages:Noun (Business):In the business context, turnover rate refers to the number of employees who leave a company and need to be replaced within a specific time frame. A high turnover rate may indicate potential issues within the workplace, such as poor management, low employee satisfaction, or lack of opportunities for growth. Sample Sentence 1: The high turnover rate at the call center is a reflection of poor working conditions and inadequate training programs. Sample Sentence 2: Our company's turnover rate has significantly decreased since implementing a new employee recognition program.Noun (Accounting):In accounting, turnover rate is a financial ratio that measures a company's ability to efficiently generate revenue from its assets. It is calculated by dividing the net sales by the average total assets. A higher turnover rate indicates more effective asset utilization. Sample Sentence 1: The company's high turnover rate suggests that they are effectively utilizing their assets to generate revenue. Sample Sentence 2: The turnover rate for inventory is an important metric to assess inventory management efficiency.Noun (Sports):In sports, turnover rate refers to the frequency at which a team loses possession of the ball or makes mistakes resulting in the opposing team gaining possession. It is commonly used in basketball, football, and other team sports. Sample Sentence 1: The basketball team's high turnover rate was a major factor in their defeat. Sample Sentence 2: The coach emphasized reducing turnovers during practice to improve the team's turnover rate.Noun (Baking):In baking, turnover rate refers to the speed at which one can fold or roll out dough to create turnovers, which are pastries filled with fruit or meat. A fast turnover rate allows for more turnovers to be made in a shorter amount of time. Sample Sentence 1: The experienced pastry chef has an impressive turnover rate, quickly producing dozens of turnovers for the bakery. Sample Sentence 2: Increasing the turnover rate of dough requires practice and precision.Product Links: | ||||
turnip plant turnix turnix sylvatica turnkey turnky turnoff turnout turnover turnover rate turnpike turnround turns turns out turnspit turnstil turnstile turnstone
|