Churn

Churn Rate
Churn rate is a measure of customer attrition. The churn rate is defined as the percentage of customers who stopped doing business with a company in a period divided by the average number of customer existing in that period.

Churn rate (sometimes called attrition rate), in its broadest sense, is a measure of the number of individuals or items moving into or out of a collective over a specific period of time.

Churning
A manager looking after a clients money may be paid a commission that is based on the amount traded. This creates a temptation to churn. This means trading more than is beneficial to the client.

Churning
Excessive trading of a client's account in order to increase the broker's commissions.
Similar financial terms
No similar financial terms found in the dictionary.

churning
Banking:
lending and refinancing, replacing old debt with new debt to collect commitment fees and other fees.

churn - Related Articles
The Changing Role and Regulation of Equity Research
Best Practice ...

Stockbrokers earn a living from commission . Churning is their way of earning more.
It is the highly dubious practice of making a large number of trades in discretionary funds invested in by clients that brokers manage on their behalf.

CHURN RATE - is the percentage of customers (e.g., cellular telephone subscribers) that cancels their s...
CHURNING - If a broker buys and sells securities in your investment account at an excessive rate, it's ...

The anti-churning rules were created to prevent taxpayers from converting existing section 197 intangibles, for which a depreciation or amortization deduction would not have been allowable under the law as it existed prior to enactment of section 197, ...

Churning - excessive buying and selling in a customer's account undertaken to generate commissions for the broker.

CHURNING " Excessive trading in a customer's account. The term suggests that the registered representative ignores the objective and interests of his client and seeks only to increase his own commissions.

Churning
The practice of acquiring a holding of shares and then placing both buying and selling order for those shares (usually at about the same price or slightly higher) in order to build up turnover.
Citywire Ratings ...

Churning - 1. An unethical practice employed by some brokers to increase their commissions by excessively trading in a client's account. This practice violates the NASD Fair Practice Rules.

Churning: When a broker excessively trades securities in a client's account with the primary aim of generating commission revenue.
Closely-Held Corporation: A private corporation with very few shareholders.

Churning:
The 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.
CIPF: ...

Churning
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.
Circuit Breakers ...

churning
The process of unnecessary purchases and sales in customers' accounts for the purpose of generating commissions.
CIP ...

Churning
If a broker intentionally mishandles buying and selling securities in your investment account, it's known as churning.

churning: An illegal practice by a broker placing numerous unnecessary transactions in a client's account for the benefit of gaining transaction fees.

Churning: Excessive trading in a customer's account to give profit to the broker/dealer in disregard of the customer's best interests. Prosecutable under the 1934 Securities Exchange Act.

Churning: When a broker excessively trades securities within an account to increase his or her commissions rather than to further a client's investment goals.

Churning - Illegal or unethical practice by a broker or other fiduciary to cause excessive transactions in a client's account to benefit the broker or fiduciary through increased transaction fees.

Churn rate - The proportion of clients/customers (e.g., cable TV subscribers) who cancels the subscription they have each month on average.

Loan "churning"
The process of raising cash periodically through successive cash-out refinancings. It is a scam initiated by mortgage brokers that victimizes wholesale lenders, with the connivance of borrowers.

Churning (in banking)
Related answers:
If a housewife was paid for all she does what will she be paid? Read answer...

Churning - Is an excessive amount of trading of customer funds by a broker. The intent is to generate commission or brokerage fees and not client performance.
CIF - Refers to Cost, Insurance and Freight.

Churning
If a broker buys and sells securities in your investment account at an excessive rate, it's known as churning. One indication that your account is being churned is that you end up paying more in commissions than you earn on your investments.

Cost Of Churning/Turnover cost
It refers to the costs associated with the churning (or changes made to the holdings) of the portfolio.

Table 2 The Churn: Recycling America's Labor
*. Fewer than 5,000.
Job Destruction ...

churn rate The Churn rate is the percentage of subscribers for any service that do not... churning Excessive trading in a client's account by a broker seeking to maximize commissions... CIC Acronym for Chartered Investment Council.

Churning
Unjustified overtrading by a stockbroker or fund manager. Private clients have long claimed that brokers 'churn' their portfolios, switching...(Read more)
Circuit Breaker ...

They were like sticks in the mud, churning and churning around the same level $US 1100 - 1200 for a $20 St. Gauden MS 64! Gold was now at an all time high of $US 1008.00 per .oz - Not bad you say?

Operating Cash Flow can tell investors of companies that are churning out more cash faster than they are bringing in cash. How do you find the Operating Cash Flow number?

The best classic growers have blossomed into money machines, churning out steady growth, high returns on capital, positive free cash flows, and rising dividends. The catch is, their growth is nowhere near that of the aggressive-growth group.

Applies mainly to international equities. Locked market in London terminology.
Churning
Excessive trading of a client's account in order to increase the broker's commissions.
Cincinnati Stock Exchange (CSE) ...

I really liked the "buying/selling, not holding" segment. All the comments suggest to me that nobody reads it. The paragraph mentions nothing about churning or day trading or racking up commission or options.

They were accused of such things as: not disclosing their total profits and commissions, putting clients in higher-cost house-brand mutual funds, in the case of brokers - churning accounts to make commissions, ...

Econometricians crunch data in search of economic relationships that have STATISTICAL SIGNIFICANCE. Sometimes this is done to test a theory; at other times the computers churn the numbers until they come up with an interesting result.

Fiduciary breaches / guideline violations
Suitability / disclosure issues (KYC, etc.)
Retail consumer disclosure violations
Breach of privacy
Aggressive sales
Account churning
Misuse of confidential information
Lender liability ...

See also: Churning, Expense, Banks, Saving, Bills