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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.
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.
By controlling the entire order, we have greater control over the quality of the product and also have the ability to provide our customers more flexibility, and a shorter turn-around time.
This will allow advances such as one day turn-around for chip design and a few days turn-around for chip manufacturing with Zero NRE.
This has precluded management from providing reliable forward guidance and has raised uncertainty regarding their ability to engineer a turn-around.
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.