Turnkey refers to something that is ready for immediate use,
generally used in the sale or supply of goods or services. The word is a reference to the fact that the customer, upon receiving the product, just needs to turn the ignition key to make it operational,
or that the key just needs to be turned over to the customer. Turnkey is commonly used
in the construction industry, for instance, in which
it refers to bundling of materials and labour by the home builder or general contractor to complete the home without owner involvement. The word is often used to describe a home built on the developer's land with the developer's financing ready for the customer to move in. If a contractor builds a "turnkey home" it frames the structure and finish the interior; everything is completed down to the cabinets and carpet. Turnkey is also commonly used in motorsports to describe a car being sold with powertrain (engine, transmission, etc.) to contrast with a vehicle sold without one so that other components may be re-used. Similarly, this term may be used to advertise the sale of an established business, including all the equipment necessary to run it, or by a business-to-business supplier providing complete packages for business start-up. An example would be the creation of a "turnkey hospital" which would be building a complete medical.
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