Double Dipping

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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.
References in periodicals archive ?
21 (Saba) - Minister of Civil Service and Insurance Ahmed al-Shami discussed on Sunday with UK ambassador to Yemen Jane Marriott cooperation areas in carrying out administrative reforms and eradicating double dippers.
The double dippers - those who believe that the economy could yet turn down again - are not going away any time soon.
Nasser said that when the government lifted fuel subsidies last month, people feared that the savings could go to the tens of thousands of ghost workers and double dippers in the army.
Cheez Double Dippers have a unique combination of smooth creamy cheese, crunchy breadsticks and crispy bacon 'bitz'.
On the Biometric Fingerprint System, the main objective is to remove double dippers and ghost workers from the Yemeni civil service, military and security.
The company is best known for its StarBrites Mints(R), Milk Maid Caramels(R), Maple Nut Goodies, and Double Dippers.
3 The sassy rapping sheep fronting Laughing Cow's newCheez Double Dippers campaign, spreads to cinema screens this week, as part of a 2m [pounds sterling] spend.