Churn

Business, Legal & Accounting Glossary

Definition: Churn


Churn


What is the dictionary definition of Churn?

Dictionary Definition


1. transitive To agitate rapidly and repetitively, or to stir with a rowing or rocking motion; generally applies to liquids, notably cream.
2. transitive, figuratively To produce excessive and sometimes undesirable or unproductive activity or motion.
3. intransitive To move rapidly and repetitively with a rocking motion; to tumble, mix or shake.


Full Definition of Churn


Attrition or turnover of customers of a business or users of a service. In the new economy (which provides unprecedented choice, and instant and global access to products and information) churn rate determines business earnings and growth. A firm has to earn and re-earn every day the loyalty of its customers.


Cite Term


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Page URL
https://payrollheaven.com/define/churn/
Modern Language Association (MLA):
Churn. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
May 18, 2024 https://payrollheaven.com/define/churn/.
Chicago Manual of Style (CMS):
Churn. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/churn/ (accessed: May 18, 2024).
American Psychological Association (APA):
Churn. PayrollHeaven.com. Retrieved May 18, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/churn/

Definition Sources


Definitions for 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: 6th December, 2019 | 0 Views.