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.

Mentioned in ?

References in periodicals archive ?

Churning is also a problem in the mutual fund industry.

Churning can cost you money

The old way: Study for Woman Churning Butter, a pencil-and-black crayon sketch on paper by French painter Jean-Francois Millet, 1814-1875.

Dazey of St. Louis: famed butter churn line based in gateway city

But just because churning is simple doesn't make it right.

When advisors churn, clients get burned

As a child growing up on a small farm in Covington County, one of my "chores" was churning the cream to make butter.

The gathering

A 2% churn rate translates into around a quarter of a mobile operator's customer base churning off the network in the course of the year.