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churning

 
Dictionary: Churn·ing

n.

1. The act of one who churns.

2. The quantity of butter made at one operation.


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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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broker
securities
Churning (finance term)

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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