turnkey Hear it!

turnkey definition - finance
A business, such as a franchise, that is created by the seller and sold to the buyer who can “turn the key” and begin work without any other preparation. Often project construction or computer installation are services provided by turnkey businesses.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

Comments
Improve this definition.
Do you have more to add? Share your linguistic knowledge or observation.
/Register to save your comments.