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Dictionary:

Churning


n.

1. The act of one who churns.

2. The quantity of butter made at one operation.


 
 
This entry contains information applicable to United States law only.

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.

 
 

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Copyrights:

Dictionary. Webster 1913 Dictionary edited by Patrick J. Cassidy  Read more
Law Encyclopedia. West's Encyclopedia of American Law. Copyright © 1998 by The Gale Group, Inc. All rights reserved.  Read more

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