Posted by Ilia on September 24, 2003
In Reply to: Meaning of churn posted by ESC on September 24, 2003
: : Hi, guys, could you help me out with a phrase i've stumbled upon - "he treated it like it was only a part of his churn". It means that it was no big deal? Am I right?
: Churning means trading a customer's securities just to earn commissions. From "Random House Historical Dictionary of American Slang, Volume 1, A-G" by J.E. Lighter, Random House, New York, 1994. It means the same thing in the insurance industry.
: It probably evolved to mean it's all part of his game.
Thank you so much for your help!!