Meaning of the word "Churn rate" in English
What does "Churn rate" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
Churn rate
US /tʃɜːrn reɪt/
UK /tʃɜːrn reɪt/
Noun
the rate at which customers stop doing business with an enterprise
Example:
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Reducing customer churn rate is a key goal for many subscription services.
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A high churn rate can indicate problems with customer satisfaction or product quality.