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Double Dipping
(redirected from Double dipped)

   Also found in: Wikipedia 0.04 sec.
Double Dipping
The practice of receiving two incomes from the same source. It especially, but not exclusively, refers to a broker placing commission-based securities into a fee-based account. This means that the broker receives both commissions and fees from transactions on that account. While this is not illegal in itself, double dipping must conform to the prudent person rule.


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Now lovers of the French dip have a new place to try their fave, ``Dipped, double dipped or submerged,'' at The Dip in Sherman Oaks.
After my old bank double dipped me for the first time, I closed my account.
 
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