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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. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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in passing the ban on double dipping and restricting leave time. The Boston Globe found that nearly 100 retired educators across the state were collecting both public pensions and full-time salaries in public schools last year, and use of a special "critical need" exemption that makes double dipping possible has tripled in the past eight years. Last year the food microbiologist's undergraduate students examined the effects of double dipping using volunteers, wheat crackers and several sample dips. |
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