TERMIUM Plus®

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GONFLEMENT OPERATIONS [1 record]

Record 1 2010-06-15

English

Subject field(s)
  • Stock Exchange
  • Investment
DEF

An illegal practice by which a stock broker can increase his commissions simply by buying and selling securities for a client's account as quickly as possible.

OBS

churning: term published in the Journal officiel by the Commission générale de terminologie et de néologie of the Government of France.

French

Domaine(s)
  • Bourse
  • Investissements et placements
DEF

Dans le cadre d'une gestion de portefeuille, technique qui consiste à multiplier les commissions de mouvement, au profit du gestionnaire et au détriment du client.

CONT

La multiplication des opérations [...] est une contravention qui, de par sa définition, suppose quelque chose de plus qu'une erreur de jugement ou une négligence. Cela constitue un abus de la confiance du client et un manquement à l'obligation fiduciaire de la personne inscrite à l'endroit du client.

OBS

barattage financier; moulinette : termes publiés au Journal officiel par la Commission générale de terminologie et de néologie du gouvernement de la France.

Spanish

Campo(s) temático(s)
  • Bolsa de valores
  • Inversiones
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