turnaround
noun [ C, usually singular ]
uk/ˈtɜːnəraʊnd/ us(also UK turnround) COMMERCE, PRODUCTION
the amount of time that it takes for a piece of work to be done, a product to be supplied, etc.:
Management examined ways to speed up turnaround.
a big change that turns a bad situation into a good one:
The insurance group's focus on new products played a big part in its turnaround.
a turnaround in sth The greatest turnaround in market conditions has been seen in the South East.
a turnaround plan/programme/strategy The troubled insurer announced a turnaround plan to rescue the business.
TRANSPORT
the amount of time it takes for a truck, plane, etc. to get ready for a return trip:
The airline's 25-minute turnaround time does not provide sufficient time for basic security checks.