HomeDefinitionsCompareDebt TurnaroundThe financial definition for Turnaround: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. 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. Turnaround timeTurnaround timeTime available or needed to effect a turnaround. Click to compare definitions of Turnaround Click to view definitions beginning tu |