trade turnover

Meanings

• noun

  The total value of all trading activities between two parties over a specified period.

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Variants

List of all variants of trade turnover that leads to same result
turnover , turnovers , turn over , turn over a new leaf , turned over , turned over a new leaf , turning over , turning over a new leaf , turns over , turns over a new leaf , turn over to , turned over to , turning over to , turns over to , turn (something) over in one's mind , turn over in her mind , turn over in his mind , turn over in one's mind , turn over in their mind , turn something over in her mind , turn something over in his mind , turn something over in one's mind , turn something over in their mind

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Etymology

origin and the way in which meanings have changed throughout history.

The word 'trade' comes from the Old English 'treowd' meaning 'traffic' or 'deal'. 'Turnover' refers to the process of turning something over or exchanging it for something else.

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Trivia

Any details, considerations, events or pieces of information regarding the word

1. Trade turnover is an essential indicator of economic activity and is used to measure the health of an economy.

2. The first recorded use of the term 'trade turnover' can be traced back to the 16th century.

3. In some industries, such as retail and wholesale trade, trade turnover can be calculated on a weekly or monthly basis.

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Related Concepts

informations on related concepts or terms closely associated with the word. Discuss semantic fields or domains that the word belongs to

1. Gross Domestic Product (GDP): A measure of the market value of all final goods and services produced within a country in a given period.

2. National Income: The total income earned by all residents of a country in a given period, including wages, profits, and interest.

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Culture

Any cultural, historical, or symbolic significance of the word. Explore how the word has been used in literature, art, music, or other forms of expression.

Trade turnover is an essential concept in economics and business, representing the financial flow between buyers and sellers. It is closely related to concepts such as gross domestic product (GDP) and national income.

How to Memorize "trade turnover"

1. visualize
   

   - Imagine a large ledger or spreadsheet where all the trading activities are recorded, and the total value of these activities represents the trade turnover.

2. associate
   

   - Associate the term 'trade turnover' with the concept of financial transactions between buyers and sellers.

3. mnemonics
   

   - Use the mnemonic 'Trade is Turning Over Valuable Resources' to remember the meaning of trade turnover.

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