Churning


Also found in: Dictionary, Thesaurus, Medical, Financial, Idioms, Encyclopedia, Wikipedia.
Related to Churning: Churning butter, churning out

Churning

The practice whereby a Broker dealing in Securities abuses the confidence of a client for personal gain by unnecessarily trading stocks to earn more commissions.

churning

n. the unethical and usually illegal excessive buying and selling of shares of stock for a customer by a stockbroker or sales agent for the purpose of obtaining high sales commissions.

References in classic literature ?
Indeed, sir, it's not fit for you to go in, for Hetty's in the middle o' making the butter, for the churning was thrown late, and I'm quite ashamed.
One evening, plumb tuckered out--it had been a dreadful hard hot day, and the bread wouldn't raise and the churning had gone wrong, and I was all irritated and jerky--well, that evening I made mention to dad of this wanting to run of mine.
She fled deeper, and I knew I had her for I was between her and the surface; but in the muck coral sand of the bottom she made a churning with her squid stick.
He upset the churn yesterday and spilled a big churning of cream over the yard.
To your shouted remonstrances against that extortion this towering trunk with one hand on the engine-room telegraph only shook its bearded head above the splash, the racket, and the clouds of smoke in which the tug, backing and fill ing in the smother of churning paddle-wheels be haved like a ferocious and impatient creature.
The misty churning at her stern was the only sound in the world.
A steam-launch from Monrepos had come to the landing-stage opposite the gate, its hoarse whistle and the churning noise alongside all unnoticed, had landed a small bunch of local passengers who were dispersing their several ways.