If something churns water, mud, or dust, it moves it about violently. Ferries churn the waters of Howe Sound from Langdale to Horseshoe Bay. unsurfaced roads now churned into mud by the annual rains. Churn up means the same as churn. The recent rain had churned up the waterfall into a muddy whirlpool Occasionally they slap the water with their tails or churn it up in play. muddy, churned-up ground
a vessel in which cream is agitated to separate butterfat from buttermilk stir (cream) vigorously in order to make butter be agitated; "the sea was churning in the storm
the turnover of users on an online service, most often after a free trial period
Customers disconnecting from Vodafone Group's mobile telephone networks The "churn rate" is the number of customers who disconnect from a network in a given period, divided by the average number of customers in that same period
Churn refers to what happens when a user leaves a service, and "service" in this case can describe almost anything from a dialup ISP account to a listserv subscription Churn is the major concern of almost any e-business, if only because it's so hard to attract users in the first place Most sites, therefore, have tried to develop "sticky" services to keep us coming back, or encourage us to give them basic pieces of information so they can keep in touch with us
Churning is the unconscious or conscious over-trading by an Advisory Stockbroker in a customer's account Stockbrokers are paid on a commission on the consideration of a trade The consideration is the number of shares traded multiplied by the price As commissions have stabilised the only way brokers can make more money is to trade more shares There is therefore a natural temptation to trade for the sake of it It's illegal, but hard to prove
A cable industry measure based on a formula that measures subscriber connects, disconnects, upgrades and downgrades in service A low churn rate typically indicates customer satisfaction
A term that describes customer attrition, or customer defection A high churn rate implies high customer disloyalty
Churning is unconscious or conscious overtrading by a broker in a customer's account Since brokers are most often compensated by the number of transactions made on a customer's behalf, there is temptation to trade too frequently, whether that's in stocks, bonds, or mutual funds with loads
A vessel in which milk or cream is stirred, beaten, or otherwise agitated (as by a plunging or revolving dasher) in order to separate the oily globules from the other parts, and obtain butter
A measure of the number of subscribers who leave or switch to another carrier's service
If you say that your stomach is churning, you mean that you feel sick. You can also say that something churns your stomach. My stomach churned as I stood up = heave
It is illegal for a broker to engage in excessive trading activity merely for the purpose of maximizing his own commissions In order to succeed on a churning claim, a customer must establish that his broker directly or indirectly controlled the account and that the purchases and sales of securities were excessive in size and frequency in view of the financial resources of the customer and his investment objectives
(of a liquid) agitated vigorously; in a state of turbulence; "the river's roiling current"; "turbulent rapids" moving with or producing or produced by vigorous agitation; "winds whipped the piled leaves into churning masses"; "a car stuck in the churned-up mud
Churning takes place when a broker initiates trades on an investor's behalf that are excessive in size or frequency in relation to the investor's portfolio and that are against the investor's investment objectives as expressed to the broker A disreputable broker "churns" for the purpose of generating commissions Churning is a violation of the federal security laws
From the insurance perspective, churning is continually replacing lost customers with new customers From the provider perspective, churning is constantly seeing a patient for services that may not be appropriate
Unethical trading of a customer's account by a broker to create extra commissions Churning is also when there is high volume with very little movement in price
To trade securities excessively In taxable investment accounts, churning invariably leads to reduced returns because of the hefty short-term capital gains tax But even in tax-deferred 401(k)s or IRAs, trading commissions can eat into your return In fact, brokers that encourage churning to increase their commissions are committing a securities law violation A fund manager churning his portfolio will also make you feel the tax bite See "The Dreaded Capital Gains Tax " BACK TO TOP
When a broker excessively trades securities within an account for the purpose of increasing his or her commissions, rather than to further a clients investment goals
Illegal or unethical practice by a broker or other fiduciary to cause excessive transactions in a clients account to benefit the broker or fiduciary through increased transaction fees
The nefarious practice whereby a broker deals on a client's account with unnecessary frequency, for the sake of the commission he will receive Easy to condemn, but difficult to prove
Excessive trading of an account by a broker with control of the account for the purpose of generating commissions while disregarding the interests of the customer
A practice, in violation of MSRB and SEC rules, in which a salesperson effects a series of transactions in a customer's account which are excessive in size and/or frequency in relation to the size and investment objectives of the account A salesperson churning an account is normally seeking to maximize the income (in commissions, sales credits or mark-ups) derived from the account MSRB rule G-l9 on suitability expressly prohibits churning of accounts Reference: MSRB rule G-19(e)
Refers to excessive trading of a client's account for the purpose of increasing broker commissions, and leaving the client worse off or no better off than before Churning is illegal under SEC and exchange rules
A stockbroker's best friend! When there exists a great deal of buying and selling (that all carry a broker fee) that do not affect the value of the stock
Excessive trading of an account by broker with control of the account for the purpose of generating commissions while disregarding the interests of the customer
Is excessive trading in an investor's account, the sole purpose of which is usually to benefit the broker in the form of commissions If the pattern of activity is inappropriate or inconsistent with the clients' needs and objectives, or there are a volume of buys and sells for no suitable business reason, and if the prime result of such trading is the generation of commissions, then the practice is illegal under both SEC and exchange regulations
Excessive trading in a customer's brokerage account, done to generate increased commission income Churning is a securities law violation In the stock market, it refers to a period of heavy trading activity but few sustained price trends and little overall movement in stock market indexes