Burn And Churn

Business, Legal & Accounting Glossary

Definition: Burn And Churn


Burn And Churn


Full Definition of Burn And Churn


The illegal practice of a broker trading actively on an account to increase his or her commissions, rather than to profit the client. Burning and churning might occur when the broker’s income is determined by the trading volume. Also called churn or overtrade.


Cite Term


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https://payrollheaven.com/define/burn-and-churn/
Modern Language Association (MLA):
Burn And Churn. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. November 29, 2021 https://payrollheaven.com/define/burn-and-churn/.
Chicago Manual of Style (CMS):
Burn And Churn. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/burn-and-churn/ (accessed: November 29, 2021).
American Psychological Association (APA):
Burn And Churn. PayrollHeaven.com. Retrieved November 29, 2021, from PayrollHeaven.com website: https://payrollheaven.com/define/burn-and-churn/

Definition Sources


Definitions for Burn And Churn are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.