Alternative spelling of turnaround.
To physically rotate (usually around a vertical axis) for a half turn (180 degrees), a whole turn (360 degrees), or an indefinite amount.
At the end of the road, we turned around and walked back to the hotel.
To change drastically in a fundamental way, often for the better; to change to the opposite (opinion or position).
She turned her position around and now she is in favor of the merger.
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To reverse an expected outcome (of a game, etc.), usually from a losing outcome to a winning one; to return (a business, department, etc.) to effectiveness, profitability, etc.
The new management team has really turned the company around 180 degrees, and they expect a good profit next year.