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churns out

 - 3 dictionary results

churn

[churn]
–noun
1. a container or machine in which cream or milk is agitated to make butter.
2. any of various containers or machines similar in shape or action to a butter churn, as a device for mixing beverages.
3. British. a large milk can.
4. an act of churning stocks by a stockbroker.
–verb (used with object)
5. to agitate in order to make into butter: to churn cream.
6. to make (butter) by the agitation of cream.
7. to shake or agitate with violence or continued motion: The storm churned the sea.
8. (of a stockbroker) to trade (a customer's securities) excessively in order to earn more in commissions.
–verb (used without object)
9. to operate a churn.
10. to move or shake in agitation, as a liquid or any loose matter: The leaves churned along the ground.
11. (of a stockbroker) to engage in the practice of churning.
12. churn out, to produce mechanically, hurriedly, or routinely: He was hired to churn out verses for greeting cards.

Origin:
bef. 1000; ME chirne (n.), OE cyrne cyr(i)n; c. MLG kerne, ON kjarni, kirna


churn⋅a⋅ble, adjective
churn⋅a⋅bil⋅i⋅ty, noun
churner, noun


7. whip, toss, convulse.
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
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Financial Dictionary

churn

To trade securities very actively in a brokerage account in order to increase brokerage commissions rather than customer profits. Brokers may be tempted to churn accounts because their income is directly related to the volume of trading undertaken by customers. Churning is illegal and unethical; suspected churning should be reported to the brokerage firm's office manager. Also called burn and churn, overtrade.

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
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Legal Dictionary

Main Entry: churn
Pronunciation: 'ch&rn
Function: transitive verb
: to make (the account of a client) excessively active by frequent purchases and sales primarily in order to generate commissions
NOTE: Churning is a violation of federal securities laws.
Merriam-Webster's Dictionary of Law, © 1996 Merriam-Webster, Inc.
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