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Turnkey: meaning, definitions and examples

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turnkey

 

[ หˆtษœrnหŒki ]

Noun
Context #1 | Noun

business concept

A turnkey is a term that denotes a product or service that is ready for immediate use. In the business realm, it often refers to a type of project or service that is sold as a complete package, requiring minimal effort from the buyer to implement. For example, a turnkey solution in real estate might involve a fully renovated property sold ready to be lived in. This concept is popular in various industries as it emphasizes convenience and ease of use for the customer.

Synonyms

complete solution, immediate use, ready-made, set-up.

Examples of usage

  • The startup offered a turnkey solution for online marketing.
  • They purchased a turnkey property that needed no renovations.
  • The software comes as a turnkey package for new users.

Translations

Translations of the word "turnkey" in other languages:

๐Ÿ‡ต๐Ÿ‡น chave na mรฃo

๐Ÿ‡ฎ๐Ÿ‡ณ เคŸเคฐเฅเคจเค•เฅ€

๐Ÿ‡ฉ๐Ÿ‡ช schlรผsselfertig

๐Ÿ‡ฎ๐Ÿ‡ฉ siap pakai

๐Ÿ‡บ๐Ÿ‡ฆ ะฟั–ะด ะบะปัŽั‡

๐Ÿ‡ต๐Ÿ‡ฑ pod klucz

๐Ÿ‡ฏ๐Ÿ‡ต ใ‚ฟใƒผใƒณใ‚ญใƒผ

๐Ÿ‡ซ๐Ÿ‡ท clรฉ en main

๐Ÿ‡ช๐Ÿ‡ธ llave en mano

๐Ÿ‡น๐Ÿ‡ท anahtar teslim

๐Ÿ‡ฐ๐Ÿ‡ท ํ„ดํ‚ค

๐Ÿ‡ธ๐Ÿ‡ฆ ู…ูุชุงุญ ุฌุงู‡ุฒ

๐Ÿ‡จ๐Ÿ‡ฟ na klรญฤ

๐Ÿ‡ธ๐Ÿ‡ฐ na kฤพรบฤ

๐Ÿ‡จ๐Ÿ‡ณ ไบค้’ฅๅŒ™

๐Ÿ‡ธ๐Ÿ‡ฎ kljuฤ v roki

๐Ÿ‡ฎ๐Ÿ‡ธ lykil รก hรถnd

๐Ÿ‡ฐ๐Ÿ‡ฟ า›าฑะปั‹ะฟ ะฐัˆัƒ

๐Ÿ‡ฌ๐Ÿ‡ช แƒ’แƒแƒกแƒแƒฆแƒ”แƒ‘แƒ˜ แƒฎแƒ”แƒšแƒจแƒ˜

๐Ÿ‡ฆ๐Ÿ‡ฟ aรงar tษ™hvil

๐Ÿ‡ฒ๐Ÿ‡ฝ llave en mano

Etymology

The term 'turnkey' originates from the concept of a key that a contractor hands to a client upon project completion, indicating that the project is fully finished and ready for use, just like turning a key can unlock a door. This metaphor effectively communicates that everything necessary has been taken care of. The use of the word can be traced back to the construction industry where builders would deliver a home or commercial property that was finished to such a degree that the owner could move in immediately. Over time, this concept expanded into other fields, such as software, manufacturing, and service industries, where turnkey solutions imply that customers only need to 'turn the key' to start using a product or service without any additional effort or input. Its popularity rose alongside the growth of various service-oriented businesses and the increasing focus on customer satisfaction and convenience in the marketplace.

Word Frequency Rank

Positioned at #23,772, this word is part of extensive vocabulary. It's relatively rare in general usage but may be important in specific fields or formal writing.