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Double dip

   Also found in: Dictionary/thesaurus, Acronyms, Wikipedia 0.04 sec.
Double dip
Used for listed equity securities. Dividend roll in which the "dividend capturer" already owns the stock cum dividend. Also used when tax depreciation is accessed in two countries concurrently.


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Homewood Suites participates in the Hilton HHonors guest reward program, which allows its members to Double Dip by simultaneously accumulating both hotel points and airline miles with each qualifying stay.
 
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