What is the meaning of turnover in world of economy?
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vladamir
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Joined: 11 Sep 2005
Posts: 3
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 Posted: 07/30/08 - 08:31 Post subject: |
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| Can you help me answer a question perhaps? I am new here, and hope that we will see each other again in the future. I have come across the word turnover in the world of economy several times, and I am wondering what this means. I can guess but I am not certain, so if you could clarify this, it would be great. |
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ham
Apprentice
Joined: 08 Jun 2004
Posts: 5
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| Posted: 08/29/08 - 00:10 Post subject: |
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| The word turnover can have several meanings. When it comes to accounting for example, turnover refers to the amount of times an asset is replaced in a certain time, whereas it refers to the amount of traded shares on the stock market. What's more, it can also refer to employment turnover. |
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