1 |
churningn. the unethical and usually illegal practice of excessive buying...
|
2 |
churningTaking on multiple new rewards cards to get the sign-up bonuses, then canceling them (usually before the annual fee is due) and reapplying to get the bonuses again is called churning.
|
3 |
churningThis can occur when an agent persuades a consumer to borrow against an existing life insurance policy to pay the premium on a new one.
|
4 |
churningExcessive buying and selling of securities by the broker controlling a customer's portfolio, thereby allowing the broker to earn extra commission. For a market as a whole it can refer to a period of heavy turnover with no clear market trend.
|
5 |
churningIf a broker intentionally mishandles buying and selling securities in your investment account, it's known as churning.The broker might buy and sell securities at an excessive rate, or at a rate that’s inconsistent with your investment goals or the amount of money you have invested.One indication of potential churning is that you're [..]
|
6 |
churningAn improper practice in which an investment professional effects an excessive number of securities transactions chiefly for the purpose of maximizing the income (in commissions, sales credits or mark- [..]
|
7 |
churningTo make a client's account excessively active by the unethical and usually illegal frequent buying and selling of the client's shares of stock, primarily in order to generate commissions.
|
8 |
churningDefinition 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 twisting or [..]
|
9 |
churningTo dream of churning, you will have difficult tasks set you, but by diligence and industry you will accomplish them and be very prosperous. To the farmer, it denotes profit from a plenteous harvest; to a young woman, it denotes a thrifty and energetic husband.
|
10 |
churningDescribes a computer taking a long time to process a particular operation. When a computer is churning, it may seem to be doing nothing.
|
11 |
churningThe process in butter making where the emulsion that has held the butter in solution is broken due to mechanical agitation. The butter is then pressed and the buttermilk is poured off.
|
12 |
churningExcessive 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.
|
13 |
churningMethod of enhancing trading commissions by brokers by means of carrying out excessive trading in a client’s account
|
14 |
churningThe process of moving a customer from one financial product to another in order for an adviser or broker to earn a fee. This practice usually has little or no benefit to the customer.
|
15 |
churningChurning is an unethical and often illegal practice by which a broker conducts excessive trading in a stock investment account in order to generate commissions, contrary to the best interests of the c [..]
|
16 |
churning(adj) moving with or producing or produced by vigorous agitation(adj) (of a liquid) agitated vigorously; in a state of turbulence
|
17 |
churningDescribes a computer taking a long time to process a particular operation. When a computer is churning, it may seem to be doing nothing.
|
18 |
churningThe process of moving a customer from one financial product to another in order for an adviser or broker to earn a fee. This practice usually has little or no benefit to the customer.
|
19 |
churningThe act of a broker buying and selling a investors securities for the commission revenue, for his own gain and if the investor gains, more the better.
|
20 |
churningAn illegal practice where insurance agents unnecessarily replace existing life insurance for the purpose of earning additional (higher) first year commissions.
|
21 |
churningAn illegal practice whereby a sales agent persuades a client to cash in an insurance policy after a short time and replace it with another, thereby earning commission on the new policy.
|
22 |
churningWhen a broker engages in excessive trading to derive a profit from commissions while ignoring his client's best interests.
|
23 |
churningChurning is any repeated booking or canceling of the same itinerary in the same class or different classes of service across one or more passenger name records (PNR) without limitation, to [..]
|
24 |
churningExcessive trading of a client's account in order to increase the broker's commissions.
|
<< child support | circuit courts >> |