Churning

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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.

West's Encyclopedia of American Law, edition 2. Copyright 2008 The Gale Group, Inc. All rights reserved.

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.

Copyright © 1981-2005 by Gerald N. Hill and Kathleen T. Hill. All Right reserved.
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The whips snapped, the bells tinkled merrily, the sleds churned along the trail; but Buck knew, and every dog knew, what had taken place behind the belt of river trees.
M2 PRESSWIRE-August 30, 2019-: The 2019 Business Survey: Mobile Satisfaction & Churn for Large Enterprises
He previously was forecasting about 60% annual logo churn and around 35% net revenue churn, but he now estimates logo churn of 30%-35% and annual net revenue churn of 20%-25%, said Rutherford.
This press release contains references to 'Adjusted EBITDA', 'Backlog MRR', 'ARPU', and 'churn' which are not measures prescribed by International Financial Reporting Standards (IFRS).
One of their wedding presents was a churn from my maternal grandfather.
CustomerSuccessBox helps B2B Software as-a-Service (SaaS)-based companies reduce, churn and grow their recurring revenue.
Success can be defined as seeing penetration and churn in markets such as Germany and Japan grow at a path that generally follows Mexico's market penetration and subscriber churn.
I Love Churn Dashes" 15 Quilts from an All-Time Favorite Block introduces the Churn Dash Block and covers its applications for various quilt designs from lap to bed quilts, but this is more than a traditional coverage of the design.
The case exposes students to the use of big data analytics to reduce customer churn in the telecom industry.