Usually means: Measure of risk-adjusted returns.
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We found 5 dictionaries that define the word Treynor ratio:

General (3 matching dictionaries)
  1. Treynor ratio: Wiktionary
  2. treynor ratio: Dictionary.com
  3. Treynor ratio: Wikipedia, the Free Encyclopedia

Business (2 matching dictionaries)
  1. Treynor Ratio: Investopedia
  2. Treynor Ratio: Financial dictionary

Definitions from Wiktionary (Treynor ratio)

noun:  (finance) A measurement of the returns earned in excess of that which could have been earned on an investment that has no diversifiable risk, per unit of market risk assumed.

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