HomeDefinitionsCompareDebt Turnaround timeThe financial definition for Turnaround time:Time available or needed to effect a turnaround. Similar MatchesDesignated order turnaround system (DOT)Designated order turnaround system (DOT)Computerized order entry system that allows orders to buy or sell large baskets of stock to be transmitted immediately to the specialist on the exchange, where execution will occur quickly, depending on the basket size. Also used for odd-lot transactions to occur at the prices and quantities available. See: AOS. TurnaroundTurnaroundSecurities 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. Click to compare definitions of Turnaround time Click to view definitions beginning tu |