A tax-deferred trust account created by the U.S. government to assist families in funding educational expenses for beneficiaries 18 years old or younger. While more than one ESA can be set up for a single beneficiary, the total maximum contribution per year for any single beneficiary is $2,000. Next Up.
A chute is a steep, narrow slope down which people or things can slide. Passengers escaped from the plane's front four exits by sliding down emergency chutes. Synonyms: slope, channel, slide, incline More Synonyms of chute
Freebase (0.00 / 0 votes) Rate this definition: Churning. Churning is the process of shaking up cream to make butter, and various forms of butter churn have been used for the purpose. In Europe from the Middle Ages until the Industrial Revolution, this was generally as simple as a barrel with a plunger in it, which was moved by hand.