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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References in periodicals archive

To what extent are school districts in NYS engaging in the practice of double dipping?

Rehiring the Retired: An Examination of Double Dipping in Public School Districts

This is the double entitlement or double dipping dilemma.

Double dipping: (divorcing couples and pensions)

"The policy concerning double dipping is a good policy and it needs to continue," McKinney said.

House panel OKs bill giving legislators oversight of Ala. community colleges

This goes beyond the intent of the statute --to prevent the double dipping of losses.

TEI comments on dual consolidated loss rules: August 22, 2005

Budget deters "double dipping." In the late 1980s, the Federal Savings and Loan Insurance Corporation (FSLIC) agreed to compensate buyers of troubled thrifts for the difference between the book value and the ultimate sales proceeds of so-called covered assets acquired in the transactions.

OBRA and court ruling: trouble for thrift buyers

In response to this "double dipping," section 1503(d) disallows the use of dual resident corporations' losses to offset any affiliated U.S.

Final regulations on dual consolidated loss

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