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Answer Posted / sam_p882000@yahoo.com
Usually, total sales for a given period (for example, annual turnover of $10 million). The term is also used for the changing of goods (stock) as they are sold and replaced. In financial markets, turnover means the number of times something (usually assets such as trading stock) is replaced by assets of the same class as a result of the company's trading throughout the period. Share and futures brokers talk of 'turnover on the exchange' when referring to the volume of shares or futures contracts that change hands.
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