Churning Definition
verb
In securities law, the excessive and inappropriate trading of securities in a customer’s stock investment account for the purpose of earning the stockbroker more commissions than what would have been earned if the stockbroker was concerned only with the furtherance of his customer’s interests. This practice is illegal under the Securities Exchange Act of 1934; however, there is usually no right of action for churning.
Webster's New World Law
Present participle of churn.
Wiktionary
noun
The act by which something is churned.
Wiktionary
Other Word Forms of Churning
Noun
Singular:
churning
Plural:
churnings
Churning Is Also Mentioned In
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