churnover means the excessive buying and selling of shares by a stockbroker for a client’s account as a method of generating income from the resulting commissions. Lexicurio rates it Rare gem — a strength score of 80 out of 100.
Etymology
Blend of churn + takeover.
noun
- The excessive buying and selling of shares by a stockbroker for a client’s account as a method of generating income from the resulting commissions.