Definition 1.
Excessive trading of a client's account in order to increase the broker's commissions.
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Definition 2.
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. It is also referred to as "twisting." 2. In the context of the stock market, churning refers to a period of heavy trading with few sustained price trends and little movement in stock market indexes.
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Definition 3.
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 overtrading.
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Definition 4.
An unethical practice used by some brokers in which they repeatedly buy and sell in their customer''s accounts for the sole purpose of generating commissions.
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Definition 5.
See excessive trading
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