turnkey

[turn-kee] /ˈtɜrnˌki/
noun, plural turnkeys.
1.
a person who has charge of the keys of a prison; jailer.
adjective
2.
Also, turn-key. of, relating to, or resulting from an arrangement under which a private contractor designs and constructs a project, building, etc., for sale when completely ready for occupancy or operation:
turn-key housing, turnkey contract.
3.
fully equipped; ready to go into operation:
a turnkey business.
Origin of turnkey
1645-55; turn + key1
Examples from the web for turnkey
  • Masterfully built with exceptional attention to detail throughout, this beautiful estate is turnkey and ready for the next owners.
  • Beach properties vary from turnkey condos to duplexes to stand alone single-family homes.
  • The turnkey project provided single source responsibility and risk management while ensuring project completion.
British Dictionary definitions for turnkey

turnkey

/ˈtɜːnˌkiː/
noun
1.
(archaic) a keeper of the keys, esp in a prison; warder or jailer
adjective
2.
denoting a project, as in civil engineering, in which a single contractor has responsibility for the complete job from the start to the time of installation or occupancy
Word Origin and History for turnkey
adj.

1650s, "jailer," from turn (v.) + key (n.). In reference to a job that only has to be done once, it is recorded from 1934. The notion is of locking up afterward.