turnkey operation

turnkey operation
/'tɜ:nki: ɒpəˌreɪʃ(ə)n/ noun
a deal where a company takes all responsibility for constructing, fitting and staffing a building (such as a school, hospital or factory) so that it is completely ready for the purchaser to take over

Dictionary of banking and finance. 2015.

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  • turnkey — turn‧key [ˈtɜːnkiː ǁ ˈtɜːrn ] adjective [only before a noun] turnkey project S or systems are ones that have been produced in such a way that they are ready to be used immediately by a customer: • The unit provides turnkey software systems to… …   Financial and business terms

  • Turnkey — A turnkey or a turnkey project is a project in which separate entities are responsible for setting up a plant or equipment (e.g. trains/infrastructure) and for putting it into operation. It can include contractual actions at least through the… …   Wikipedia

  • turnkey — /terrn kee /, n., pl. turnkeys., adj. n. 1. a person who has charge of the keys of a prison; jailer. adj. 2. Also, turn key. of, pertaining to, or resulting from an arrangement under which a private contractor designs and constructs a project,… …   Universalium

  • turnkey — turn•key [[t]ˈtɜrnˌki[/t]] n. pl. keys, adj. 1) a person who has charge of the keys of a prison; jailer 2) bus ready for occupancy when turned over to the owner: turnkey housing[/ex] 3) fully equipped; ready to go into operation: a turnkey power… …   From formal English to slang

  • Turnkey Business — A situation in which the high level management of a firm is in charge of the planning and execution of all business strategy. The client, who buys a franchise or part of the business, only has to turn the key for the operation to start. Most… …   Investment dictionary

  • turnkey — adj. fully ready for use, ready to be put into operation; intended for sale after being completely designed and produced n. person having the keys, jailer …   English contemporary dictionary

  • turnkey system — 1) The planning and execution of a major capital project, in which one company has responsibility for its overall management, so that the client only has to turn the key in order to start the operation. 2) A computer system that is ready to start …   Big dictionary of business and management

  • turnkey contract — /tɜnˌki ˈkɒntrækt/ (say tern.kee kontrakt) noun a contract in which the contractor undertakes to complete an installation or building to the point of readiness for operation or occupancy …  

  • turnkey — n. & adj. n. (pl. eys) archaic a gaoler. adj. (of a contract etc.) providing for a supply of equipment in a state ready for operation …   Useful english dictionary

  • Métro léger de Tunis — Info Locale Tunis Transit type Light rail transit …   Wikipedia

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