Turnover (sales; transaction)

In general, the total of goods or services – valued at selling prices, – supplied to the market and also sold in a company – within a given accounting period; for example: Monthly turnover, annual turnover. – In the financial market also referred to a single business transaction, a transaction. – See commitment, revenue.

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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
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