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Legal Definitions - turnkey
Definition of turnkey
The term turnkey primarily describes a product, service, or project that is delivered in a complete state, fully operational and ready for immediate use by the client or end-user. It implies that the provider has handled all necessary aspects, from design and development to installation and testing, requiring no further action or significant effort from the recipient to begin using it.
Imagine a company that wants to launch a new manufacturing plant. Instead of hiring separate architects, construction firms, equipment suppliers, and IT specialists, they engage a single firm that offers a turnkey solution. This firm designs the facility, constructs the building, installs all the machinery, sets up the production lines, integrates the necessary software systems, and even trains the initial staff. When the project is complete, the client simply "turns the key" and begins production, as everything is fully operational and ready.
Consider a small business owner who wants to establish an online retail store. They might opt for a turnkey e-commerce platform. This platform wouldn't just provide the website software; it would also include pre-designed templates, integrated payment processing, inventory management tools, shipping label generation, and even initial product upload services. The business owner can quickly customize a few details and immediately start selling products without needing to set up complex backend systems or integrate multiple third-party services.
In the context of renewable energy, a homeowner might purchase a turnkey solar panel installation. This service includes everything from the initial site assessment, obtaining necessary permits, supplying and installing the solar panels and inverters, connecting to the electrical grid, and configuring monitoring systems. The homeowner doesn't have to manage any of these individual steps; they simply agree to the service, and once completed, their home is immediately powered by solar energy.
Less commonly, particularly in historical contexts, turnkey can also refer to a jailer or prison guard, specifically one responsible for holding the keys to the cells or prison gates.
Simple Definition
A "turnkey" product, service, or project is one delivered fully complete and ready for immediate use or operation by the client. The provider handles all necessary aspects, requiring no further action from the recipient beyond "turning the key" to begin use.