Definition of "turndown" [turn•down]

• A rejection. (noun)
• One who has been turned down or rejected. (noun)
• Something that is folded down, as on a garment. (noun)
• A downturn. (noun)
• Being or capable of being turned or folded down: a turndown collar. (adjective)

American Heritage(R) Dictionary of the English Language, Fifth Edition. Copyright (c) 2011 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

• "So vulnerability to a business turndown is the first reason why this has to stop."
• "The direct-loan program asked for "turndown" letters from two banks, lots of unnecessary documentation and bureaucratic delays were commonplace."
• "Roger Carr, the chairman of Centrica and Cadbury's, referred, in an interview on the BBC's Today programme, to the "turndown"."