Business and Personal Finance Dictionary
# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
- 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. Churning is illegal but is often hard to prove.Back