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Finance Dictionary and Glossary of Investment Terms
turnaround
Definition 1.
A sharp, positive reversal in the performance of a company or the overall market.
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Definition 2.
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.
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Definition 3.
A situation where a company that has had poor performance for an extended period of time experiences a positive reversal.
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