Churning

(redirected from churningly)
Also found in: Dictionary, Thesaurus, Medical, Financial, Encyclopedia.

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.