A type of financing arrangement for the drilling of a wellbore that places considerable risk and potential reward on the drilling contractor. Under such an arrangement, the drilling contractor assumes [..]

A term used when the subcontractor provides all materials and labor for a job. Also describes a commercial property that requires little to no modification in order to operate it following its sale, s [..]

a keeper of the keys, especially in a prison; jailerThe turnkey was a corrupt, greedy man; the convict coaxed him into letting him go free by promising to pay him later.

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 w [..]

a jailer

A form of contract in which a facility or equipment is to be designed, built, supplied, or installed complete and ready for operation. [D03369]

Pertaining to a procurement process that (a) includes contractual actions at least through the system, subsystem, or equipment installation phase and (b) may include follow-on contractual actions, such as testing, training, logistical, and operational support. Note: Precise definition of the types of allowable contractual features are contained in [..]

Definition A product or service which can be implemented or utilized with no additional work required by the buyer (just by 'turning the key').

Refers to a system or software package that has been built, installed or supplied by the manufacturer complete and ready to operate. In the computer industry, the term is used to promote a system that [..]

A software or hardware product or service that is complete and ready to operate out of the box is said to be Turnkey. Like the ignition of an automobile, the user need only turn a key to start using . [..]

a system designed for a specific user and to work as an integrated unit. Usually has built-in contractual responsibilities for hardware and software maintenance.

A generic term for a variety of public-private partnership arrangements whereby a public sector entity awards a contract to one or more private firms to undertake the development, construction, and/or operation of an infrastructure project for a predetermined period of time before turning the project back over to the public entity. Turnkeys may tak [..]

(n) someone who guards prisoners

A term used when the subcontractor provides all materials (and labor) for a job.

Supplied, installed, or purchased in a condition ready for immediate use, occupation, or operation.

A system or product that has been fully configured and installed and is ready for operation. AMC offers OEM solutions rather than turnkey solutions.

a jailor. John Chivery was turnkey at the Marshalsea prison in Little Dorrit

 a completely finished hot rod built by a professional shop and requiring no additional work.

common expression for a jailer.

A complete home and land package option that is designed and built ready for you to move into. This usually includes items such as floor coverings, window treatments, and internal wall painting. Landscaping is generally not included.

A type of outsourcing method that turns over to the subcontractor all aspects of manufacturing including material acquisition, assembly and testing. Its opposite is consignment, where the outsourcing company provides all materials required for the products and the subcontractor provides only assembly equipment and labor.

A term used to describe a complete solution that is ready to use and generally includes a test system, test programs, test fixtures and documentation.

is an outsourcing model, which turns all aspects of electronics manufacturing over to an EMS provider, who buys the raw materials and components and bills the OEM for a complete assembly. Turnkey is the opposite of the consignment model, where an OEM purchases raw materials and components and consigns them to an EMS provider for assembly. In the co [..]

A drilling contract that calls for a drilling contractor to drill a well, for a fixed price, to a specified depth. The purpose of drilling a well by turnkey contract may be related to the timing of Federal income tax deductions. For income tax purposes, expenses are deductible from gross income as they are incurred. When a turnkey contract is enter [..]

A custom-designed software product that’s already built and can be sold as complete and ready to operate.

ready to use without further assembly or test; supplied in a state that is ready to turn on and operate (typically refers to an assembly that is outsourced for manufacture) ''They wanted a turnkey [..]

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