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Term of the Day
burn and churn
Burkino Faso
burn rate
Definition
The illegal practice of a
broker
trading
actively on an
account
to
increase
his or her
commissions
, rather than to
profit
the
client
. Burning and
churning
might occur when the
broker's
income
is determined by the
trading volume
. Also called churn or
overtrade
.
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Burkino Faso
burn and churn
burn rate
burning ratio
burnout
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burst basket
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