Turnkey: meaning, definitions and examples
๐
turnkey
[ หtษrnหki ]
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:
๐ต๐น chave na mรฃo
๐ฎ๐ณ เคเคฐเฅเคจเคเฅ
๐ฉ๐ช schlรผsselfertig
๐ฎ๐ฉ siap pakai
๐บ๐ฆ ะฟัะด ะบะปัั
๐ต๐ฑ pod klucz
๐ฏ๐ต ใฟใผใณใญใผ
๐ซ๐ท clรฉ en main
๐ช๐ธ llave en mano
๐น๐ท anahtar teslim
๐ฐ๐ท ํดํค
๐ธ๐ฆ ู ูุชุงุญ ุฌุงูุฒ
๐จ๐ฟ na klรญฤ
๐ธ๐ฐ na kฤพรบฤ
๐จ๐ณ ไบค้ฅๅ
๐ธ๐ฎ kljuฤ v roki
๐ฎ๐ธ lykil รก hรถnd
๐ฐ๐ฟ าาฑะปัะฟ ะฐัั
๐ฌ๐ช แแแกแแฆแแแ แฎแแแจแ
๐ฆ๐ฟ aรงar tษhvil
๐ฒ๐ฝ 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.
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- 23769 insinuations
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- 23772 turnkey
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