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Securities bought and sold for settlement on the same day. Also describes a firm that has been performing poorly, but changes its financial course and improves its performance.


1. A change in a security's price trend, especially from a downtrend to an uptrend. See also: Reversal.

2. A change in a company's situation from one of losses or low profitability to one with higher profits.

3. To buy a security, then to sell in the same trading day. See also: Day trader.


1. The process of moving from a period of losses or low profitability into a more profitable stage. A turnaround may be triggered by a number of factors including a better use of assets or the development of new products and services.
2. A security that is in the process of reversing a declining price trend.
3. The purchase and sale of a security on the same day.
References in periodicals archive ?
There is now a new board of directors overseeing the implementation of the Strategic Turn-around Plan as endorsed by the executive.
The turn-around programme is estimated to result in an additional annual cost reduction of EUR200m from 2008 with operational implementation expenditures of EUR100-150m and capital expenditures of around EUR50m.
Paramount's outstanding management team, reputation for superior customer service and the Company's industry leading turn-around times make this an attractive investment for CGP.
Eurofins has recently implemented new, fast methods of extraction and automated clean-up steps that revolutionise the turn-around times of dioxin analyses.
Short turn-around times; express analyses in 24 -36 h
This release contains forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, without limitation, statements regarding Theragenics' ability to offer a higher level of service through flexibility and shorter turn-around time.
This has precluded management from providing reliable forward guidance and has raised uncertainty regarding their ability to engineer a turn-around.
Catalysts for the turn-around may include pent-up demand from mega-merger participants' postclosings and/or release of the Alpha platform in April, followed by the enhanced Game Maker II platform shortly thereafter.
Our complex, high-performance designs demand very high quality results and fast turn-around times from our physical design implementation flow," said Greg Buchner, VP of Engineering, ATI Technologies Inc.
Younan Properties continues to perform above all expectations and has proved time and time again that they are the turn-around experts.
As stated in its response to the rating action by Standard & Poor's Ratings Service ("S&P") last week, Royal Group recognizes that it is facing a challenging environment and that its progress with turn-around initiatives has been slowed during the past few quarters by continuing high raw material costs, a stronger Canadian dollar and excess capacity.