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Related to turnover rate: Turnover ratio
The ratio at which a fund or portfolio trades the securities in it. A higher turnover rate indicates active management; if it becomes very high, this may indicate that the broker or manager is trading securities for the sake of collecting more in fees. It is calculated as the trading volume of the fund or portfolio as a percentage of the entire portfolio. See also: Prudent person rule.
1. The trading volume in a particular stock during a time period (generally one year) as a percentage of the total number of shares of that stock outstanding. The turnover rate adjusts for the differences in outstanding shares and provides a measure of the relative activity in a stock.
2. For an investment company, the volume of shares traded as a percentage of the number of shares in the company's portfolio. A high turnover rate may indicate excessive trading and commissions.
The rate at which tenants or clients depart and are replaced.