{"id":17554,"date":"2023-12-04T08:11:06","date_gmt":"2023-12-04T01:11:06","guid":{"rendered":"https:\/\/englishteststore.net\/lesson\/uncategorized\/understanding-turnover-key-concept-in-business-employment-and-sports-ietls-6-5-vocabulary\/"},"modified":"2023-12-04T08:11:06","modified_gmt":"2023-12-04T01:11:06","slug":"understanding-turnover-key-concept-in-business-employment-and-sports-ietls-6-5-vocabulary","status":"publish","type":"post","link":"https:\/\/englishteststore.net\/lesson\/english-vocabulary-lessons\/ielts-6-5-vocabulary\/understanding-turnover-key-concept-in-business-employment-and-sports-ietls-6-5-vocabulary\/","title":{"rendered":"Understanding Turnover: Key Concept in Business, Employment, and Sports &#8211; IETLS 6.5 Vocabulary"},"content":{"rendered":"\n<div class=\"wp-block-humix-humix-block\" style=\"justify-content:center\">\n<div class='open-video-oembed' style='width:640px;max-width:100%;'>\n<script>(window.openVideoPlayers = window.openVideoPlayers || []).push({target: document.currentScript, \"videoID\":\"LHCEH1zlPPu\",\"float\":true,\"isGenerated\":true})<\/script>\n<\/div>\n<script data-ezscrex='false' data-cfasync='false' async src=\"https:\/\/open.video\/video.js\"><\/script>\n<\/div>\n<h3 class=\"wp-block-heading\">Understanding Turnover: Key Concept in Business, Employment, and Sports<\/h3>\n<p>Learn the multiple meanings of &#8216;turnover&#8217; in various contexts, including business revenue, employee retention, and sports possession changes. This video explains the term&#8217;s usage, history, synonyms, and common mistakes to avoid, helping you master this versatile word for your IELTS exam and beyond.<\/p>\n<p>Imagine you&#8217;re running a small business, and at the end of the year, you&#8217;re excited to calculate how much money your company made.<\/p>\n<p>That total amount of money? That&#8217;s what we call turnover.<\/p>\n<p><strong>Word type:<\/strong> Turnover is primarily used as a noun, though it can sometimes function as a verb.<\/p>\n<p><strong>Meaning:<\/strong> Turnover has several meanings depending on the context. In business, it refers to the total amount of money taken by a company in a particular period.<\/p>\n<p>In employment, it describes the rate at which employees leave a company and are replaced. In sports, it means losing possession of the ball to the opposing team.<\/p>\n<p><strong>Word history:<\/strong> The term turnover comes from the phrase to turn over, meaning to transfer or hand over.<\/p>\n<p>It&#8217;s been used since the early 18th century to describe the transfer of goods, money, or personnel.<\/p>\n<p><strong>Antonyms:<\/strong> While turnover doesn&#8217;t have direct antonyms, some contrasting concepts include stagnation, retention, and consistency.<\/p>\n<p><strong>Synonyms:<\/strong> Some synonyms for turnover include revenue, sales, income for the business context, and staff changes, attrition, or churn for the employment context.<\/p>\n<p><strong>Examples use in sentences:<\/strong> Let&#8217;s look at how to use turnover in different contexts. In business: The company&#8217;s annual turnover exceeded ten million dollars, showing significant growth from the previous year.<\/p>\n<p>In employment: High employee turnover can be costly for businesses, as they constantly need to recruit and train new staff.<\/p>\n<p>In sports: The team&#8217;s chances of winning decreased after they committed three turnovers in the final quarter.<\/p>\n<p>Common errors in use: One common mistake is confusing turnover with profit. Remember, turnover is the total amount of sales before any deductions, while profit is what remains after expenses are subtracted from the turnover.<\/p>\n<p>Another error is using turnover incorrectly in phrases. For example, you would say a company has a high turnover rate, not a high turnover number when referring to employees leaving.<\/p>\n<p>To wrap up, turnover is a versatile word that&#8217;s crucial for discussing business performance, employment trends, and even sports events.<\/p>\n<p>By understanding its various meanings and using it correctly, you can demonstrate a good grasp of business and economic vocabulary in your IELTS exam.<\/p>\n<p>Remember to practice using turnover in different contexts to become more comfortable with this important term.<\/p>","protected":false},"excerpt":{"rendered":"<p>Understanding Turnover: Key Concept in Business, Employment, and Sports Learn the multiple meanings of &#8216;turnover&#8217; in various contexts, including business revenue, employee retention, and sports possession changes. This video explains the term&#8217;s usage, history, synonyms, and common mistakes to avoid, helping you master this versatile word for your IELTS exam and beyond. Imagine you&#8217;re running [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[15],"tags":[],"class_list":["post-17554","post","type-post","status-publish","format-standard","hentry","category-ielts-6-5-vocabulary"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Understanding Turnover: Key Concept in Business, Employment, and Sports - IETLS 6.5 Vocabulary - English Lessons<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/englishteststore.net\/lesson\/english-vocabulary-lessons\/ielts-6-5-vocabulary\/understanding-turnover-key-concept-in-business-employment-and-sports-ietls-6-5-vocabulary\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Understanding Turnover: Key Concept in Business, Employment, and Sports - IETLS 6.5 Vocabulary - English Lessons\" \/>\n<meta property=\"og:description\" content=\"Understanding Turnover: Key Concept in Business, Employment, and Sports Learn the multiple meanings of &#8216;turnover&#8217; in various contexts, including business revenue, employee retention, and sports possession changes. 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