turnkey - meaning and definition. What is turnkey
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What (who) is turnkey - definition

PROJECT OR PRODUCT CONSTRUCTED SO IT CAN BE SOLD TO A BUYER AS COMPLETE
Turnkey project; Turn-key; Turnkey system; Turnkey power; Turn key; Turnkey systems; Turnkey house; Turnkey website; Turn-key project; Turnkey contract

Turnkey         
·noun An instrument with a hinged claw, - used for extracting teeth with a twist.
II. Turnkey ·noun A person who has charge of the keys of a prison, for opening and fastening the doors; a warder.
turnkey         
¦ noun (plural turnkeys) archaic a jailer.
¦ adjective of or involving a complete product or service ready for immediate use.
Turnkey         
A turnkey, a turnkey project, or a turnkey operation (also spelled turn-key) is a type of project that is constructed so that it can be sold to any buyer as a completed product. This is contrasted with build to order, where the constructor builds an item to the buyer's exact specifications, or when an incomplete product is sold with the assumption that the buyer would complete it.

Wikipedia

Turnkey

A turnkey, a turnkey project, or a turnkey operation (also spelled turn-key) is a type of project that is constructed so that it can be sold to any buyer as a completed product. This is contrasted with build to order, where the constructor builds an item to the buyer's exact specifications, or when an incomplete product is sold with the assumption that the buyer would complete it.

A turnkey project or contract as described by Duncan Wallace (1984) is:

…. a contract where the essential design emanates from, or is supplied by, the Contractor and not the owner, so that the legal responsibility for the design, suitability and performance of the work after completion will be made to rest … with the contractor …. 'Turnkey' is treated as merely signifying the design responsibility as the contractor's.

Turnkey contract is typically a construction contract under which a contractor is employed to plan, design and build a project or an infrastructure and do any other necessary development to make it functional or ‘ready to use’ at an agreed price and by a fixed date.

In Turnkey contracts, most of the time employer provides the primary design. The contractor must follow the primary design provided by the employer.


A turnkey computer system is a complete computer including hardware, operating system and application(s) designed and sold to satisfy specific business requirements.

Examples of use of turnkey
1. In principle at least, it will be a turnkey presidency.
2. Ltd. is specialized in execution of turnkey electro–mechanical projects.
3. It will provide turnkey events management solutions, crafting powerful, innovative concepts and management services for clients.
4. Critics say they are ill–equipped to operate the "turnkey" dairies set up by Vreba–Hoff.
5. The undersheriff, the gaoler and the turnkey shook him by the hand.