Based on your description, I would say that you are correct - it was not a turnover because you had not had control of the disc. I have always been under the impression control of the disc was the key to "catching" it rather than stopping rotation to be honest but the rules do specifically note no rotation. After digging around in the rules, this is what I came up with (from the "Definitions" section):
"O. Possession of the disc: Sustained contact with, and control of, a non-spinning disc.
1. Catching a pass is equivalent to establishing possession of that pass.
2. Loss of possession due to ground contact related to a catch negates that player's possession up to that point."
I included #2 because it seems relevant to your other inquiry about bidding for a disc and dropping it on impact. I read that as dropping the disc on impact nullifies any "possesion" of said disc if you are laying out for it, but please correct me if that's inaccurate.
http://www.usaultimate.org/resources/officiating/rules/11th_edition_rules.aspx