Churning
Churning
Financial glossary
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Finance
Definition of churning
Churning: The practice of dealing in shares or other securities purely to generate commission for the person doing the churning, not for the client. Strictly illegal: Collective funds: Any scheme where investors pool their resources to spread their investment risks. Popular forms of collective funds include unit and investment trusts in Britain and mutual funds in America.
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Glossary of financial terms
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Definition and meaning of churning
Meaning of churning
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