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TeachMeFinance.com - explain Turnkey Turnkey -- A term for a method of construction whereby the contractor assumes total responsibility from design through completion of the product and release to the client in a stage so complete that the buyer need only to turn the key to open the door and walk into a facility that is ready to operate. About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional financial or legal advice. TeachMeFinance.com and its owner recommend consultation with a professional financial advisor prior to any investment or financial decision. Please read our disclaimer.