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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.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.


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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved


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.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
References in periodicals archive ?
The Education Development Center, a group which partnered with the district in the turn-around plan, also submitted a report to the board.
In this scenario, it was the MRC-100, the turn-around inspection I had completed.
Wright, laboratory manager and assistant director of lab services, had received several complaints about the turn-around times in some departments.
Ordering the proper x-ray, proper labeling and notification of the radiology department, suitable turn-around time for procedures, and adequate and acceptable quality of films are all important steps in this part of the encounter.
In summary, plastics for foundry tooling has grown because they offer the shortest turn-around time after production of a master pattern, simple pattern duplication, light weight tooling, simplified pattern modification and repair, and the ability to use existing pattern equipment for masters, all of which add up to significant cost savings.
"In addition to reducing cost, the Turn-Around Plan brought more flexibility and efficiency to the business for the long-term.
He indicates that the claim processing turn-around time through the month of December was .62 of one day.
NORDIC BUSINESS REPORT-20 December 2005-Amer Sports launches turn-around programme for Salomon division(C)1994-2005 M2 COMMUNICATIONS LTD http://www.m2.com
And turn-around time for getting repaired components back depends on you making sure the green tag blocks have correct, complete, and legible information.
For several years, its department of education has been putting together "turn-around teams" of highly trained veteran teachers, and administrators to go into the state's worst-performing schools and make necessary changes.
The problem with the can't get any worse scenario is that no one knows how long it will be before a turn-around will begin.
Everything was delivered in a short turn-around time, The lucky DoubleClick employees now enjay the full views of the Hudson River and New Jersey from the basketball court and an amazing panorama of the Empire State Building and midtown Manhattan from the roof garden."