[duhb-uh
l-dip-ing] 
| the act or practice of receiving more than one income or collecting double benefits from the same employer or organization. |
[duhb-uhl-dip] verb, -dipped, -dip⋅ping, adjective | 1. | Informal. to earn a salary from one position while collecting a pension from the same employer or organization, esp. to be a wage earner on the federal payroll while receiving a military retiree's pension. |
| 2. | of, pertaining to, or of the nature of a double dip. |
| double dipping n. The practice of drawing two incomes from the government, usually by holding a government job and receiving a pension, as for prior military service. double dipper n. |
Double Dipping
For brokerage firms, when a broker puts commissioned products into a fee-based account. The broker makes money from both the client and the commission.
Investopedia Commentary
There is more than one meaning for the term depending on the context. For example, the practice of drawing two incomes from the government, usually by holding a government job and receiving a pension, is also referred to as double-dipping.
See also: Broker, Bucket Shop, Bucketing, Churning, Circular Trading, Front Running, Guilt Edged Investment, Jitney, Pump and Dump
