- Turnover
- 1. In mutual funds, it is a trading activity measure for the last year that is calculated as percentage of fund’s total assets (average). A 33% turnover ratio means that the trades value represented one third of the fund’s assets.
2. In finance, it refers to the number of times replacement of a particular asset like inventory happens in an accounting period.
3. In corporate context, it refers to the yearly sales divided by the company net worth. The ratio represents the extent to which company growth can happen without using external capital.
4. In markets terminology, it refers to the shares volume traded in a given period. It is expressed as a percentage of total shares.
5. It is also used for ‘total revenue’ – popular especially in the U.K.
Random Finance Terms for the Letter T
- Trust Deed
- Trust Fund
- Trust Receipt
- TT&L Account
- Turnaround
- Turnaround Time
- Turnkey Construction Contract
- Turnover
- Two-Factor Model