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Double Dipping

   Also found in: Dictionary/thesaurus, Medical, Wikipedia 0.01 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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Mold surveyor David W Pearse said: "More people looking and a little more confidence out there, but uncertainty with the prospects of Double Dipping likely as Government revenue shrinks further with little attempts by the Treasury to cut back spending.
Phantom mortgages, double dipping, peers for hire like taxis, and a Tory grandee finally remembering he cleaned his moat at public expense are shocking discoveries.
COLUMN: IN OUR OPINION An investigative report revealing widespread double dipping by public school "retirees" paints a dismal picture of the fiscal stewardship exerted in some school districts.
 
 
 
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