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A turnkey business is a business that is ready to use, existing in a condition that allows for immediate operation. The term "turnkey" is based on the concept of only needing to turn the key to unlock the doors to begin operations.

1650s, "jailer," from turn (v.) + key (n.). In reference to a job that only has to be done only once, it is recorded from 1934. The notion probably is of something that can be accomplished with a single turn of a key.

Turnkey project examples A majority of government-funded, large-scale infrastructure projects are developed on a turnkey basis. The upcoming Jewar Airport project, for example, is a turnkey project.In the housing market, a turnkey property is a fully-furnished flat or apartment that you can buy and rent immediately.

In this page you can discover 13 synonyms, antonyms, idiomatic expressions, and related words for turnkey, like: turn-key, end-to-end, jailer, pre-integrated, prison-guard, warden, warder, gaoler, multi-utility, bespoke and free.

A development in which a developer completes the entire project on behalf of a buyer; the developer turns over the keys to the buyer at completion. Example: Many government-owned public housing projects are turnkey projects.

In business terms, a turnkey project is one that is developed or sub-contracted to a team of experts. These experts then develop an end-to-end solution, allowing the organisation and the project team to literally just turn a key to activate it.

Turnkey construction is a building solution that drastically simplifies things for the owner of the future project.The owner need only wait for the contractor get the job done, and then when the project is finished, he or she is able to turn the key and start using the new building or facility.