Turnaround

From ACT Wiki
Revision as of 17:11, 4 December 2023 by Doug (talk | contribs) (Add definition.)
Jump to navigationJump to search

1. Corporate insolvency.

A process in which a firm facing financial difficulties - or potential insolvency - is returned to acceptable financial health while minimising losses for the distressed firm's creditors.


2.

Any substantial change, especially an unexpected positive change.


3. Operations.

The time taken to process and complete a task.


4. Operations.

The actions required to process and complete a task.


See also