| 单词 | CHURNING |
| 释义 | 1. In Banking, it is the (1) leaving the total number of accounts the same and generating banking fees while replacing of old accounts by refinancing them. (2) Without increasing the number of accounts or customers, replacing expired accounts with new accounts. (3) Preventing delinquency on delinquent accounts by accepting partial payments . 2. In Securities this is an Illegal broker practice of very high trading of a customer’s account with no regard to the customer’s or customer interest to increase the broker’s commission. |
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法律词典收录了41026条英汉双解法律词条，基本涵盖了常用法律英语单词及短语词组的翻译及用法，是法律学习的有利工具。