MLchartDataset catalogue

Churn

Term · Law · MLC-T-LAW-000971

The rate at which customers or employees cease their relationship with a company or organization over a given period. In a legal context, it can refer to the turnover of clients in a law firm or the frequency of trading in an investment account. High churn rates can indicate dissatisfaction or aggressive sales practices, which may lead to regulatory scrutiny.

Table 1. Record
IdentifierMLC-T-LAW-000971
FieldLaw
Record as JSON
{
  "id": "MLC-T-LAW-000971",
  "term": "Churn",
  "field": "Law",
  "definition": "The rate at which customers or employees cease their relationship with a company or organization over a given period. In a legal context, it can refer to the turnover of clients in a law firm or the frequency of trading in an investment account. High churn rates can indicate dissatisfaction or aggressive sales practices, which may lead to regulatory scrutiny.",
  "url": "https://mlchart.com/terminology/law/churn/"
}

Record 794 of 5,439 in Law terminology (MLC-0107). Request the full dataset.