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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 ?
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six at North in the and durin"I would like to make this the safest, most productive and most costefficient turnaround event that Teesside has ever seen.
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New research, conducted with support from the NAMM Foundation, reveals that from 2011-2014, students at Turnaround Arts schools demonstrated significant progress in student achievement.
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In her book "Total Turnaround" Danette Joy Crawford carefully presents a program for getting break though in every area of life emphasizing twelve Turnaround Keys.
Los Angeles, CA, March 03, 2014 --(PR.com)-- The Turnaround Management Society is involved in an ongoing research project that looks at why companies fail.