twisting of

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Definition of twisting of in English English dictionary

Twisting
cordeling
twisting
Convincing a customer that trades are necessary in order to generate a commission This is an unethical practice
twisting
A form of misrepresentation in which an agent induces a policyowner to cancel an insurance policy and use the cash value of that policy to buy a new policy In the process, the agent does not inform the policyowner of the differences between the two policies nor the financial consequences of the replacement Twisting involves a misleading or incomplete comparison of the policies to the disadvantage of the policyowner Twisting is a prohibited insurance sales practice
twisting
the act of rotating rapidly; "he gave the crank a spin"; "it broke off after much twisting"
twisting
a process of combining two or more parallel yarns into a ply yarn or cord for greater strength and smoothness, carried out by a twister
twisting
The practice of inducing a policy owner in one company to lapse, forfeit, or surrender a policy for the purpose of taking out a policy in another company It is a crime in all states and is typically classified as a misdemeanor
twisting
Practice of inducing a policyowner in one company to lapse, forfeit or surrender a life insurance policy for the purpose of taking out a policy in another company Generally classified as a misdemeanor, subject to fine, revocation of license and sometimes imprisonment
twisting
The practice of inducing by misrepresentation, or inaccurate or in-complete comparison, a policyholder in one company to lapse, forfeit or surrender his insurance for the purpose of taking out a policy in another company
twisting
Bad posture of the horse The haunches are deviating from the axis of direction and escape control of the rider ("twisted" horse)
twisting
In life insurance, inducing an insured through misrepresentation to drop an existing policy in order to take a similar policy from the selling agent Twisting is cause for license revocation in most states and is an offense that is against the law in many states (See also: replacement )
twisting
The curling around the lengthwise axis of a length of tape that has been unwound from the roll and allowed to hang freely
twisting
from Twist
twisting
The practice of inducing by misrepresentation, or inaccurate or incomplete comparison, a policyholder in one company to lapse, forfeit or surrender his/her insurance for the purpose of taking out a policy in another company
twisting
{i} winding, spinning; spinning of twine; rotating; revolving; distortion; overtrading, churning (Finance); use of deception to encourage clients to change life insurance companies
twisting
the act of distorting something so it seems to mean something it was not intended to mean
twisting
having a twisting or snake-like or worm-like motion; "squirming boys"; "wiggly worms"; "writhing snakes"
twisting
The practice of convincing a policyholder to lapse or cancel a policy specifically for the purpose of replacing the coverage previously in effect
twisting
Excessive trading in a client's account by a broker seeking to maximize commissions regardless of the client's best interests, in violation of NASD rules, also called churning or overtrading
twisting
Illegal practice of inducing a policyowner to drop an existing policy in one company and take out a new policy in another through misrepresentation or incomplete information
twisting
Practice of inducing a policy owner in one company to lapse, forfeit or surrender a life insurance policy for the purpose of taking out a policy in another company Generally classified as a misdemeanor, subject to fine, revocation of license and sometimes imprisonment
twisting
Illegal activity in which an agent convinces a prospect to cancel existing insurance and buy another policy from the agent, to the detriment of the prospect
twisting
marked by repeated turns and bends; "a tortuous road up the mountain"; "winding roads are full of surprises"; "had to steer the car down a twisty track"
twisting
An illegal insurance sales practice, in which a sales agent misrepresents the features of a contract in order to induce the contract owner to replace his current contract, often to the disadvantage of the contract owner See also misrepresentation
twisting
an unfair trade practice, in insurance, whereby an agent or broker attempts to persuade a life insurance policyholder through misrepresentation to cancel an existing policy and buy a new one
twisting
Twisted or plyed yarns are composed by two or more yarns twisted together Many different effects can be achieved through twisting The degree of twisting put on the yarns when woven can result in soft and fluent fabrics, or in fabrics with increased body and structure
twisting
present participle of twist
twisting
The act of, or attempt thereat, which induces a policy owner, by means of misrepresentation, to drop an existing policy and take another Note that it is the misrepresentation that is illegal, not the replacement of one policy by another (LE)
twisting of
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