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double dipping - 5 dictionary results
dou⋅ble-dip
[duhb-uh
l-dip]
verb, -dipped, -dip⋅ping, adjective –verb (used without object)
| 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. |
–adjective
| 2. | of, pertaining to, or of the nature of a double dip. |
Origin:
1960–65
1960–65

Related forms:
double-dipper, noun
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
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Based on the Random House Dictionary, © Random House, Inc. 2009.
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|
Link To double dipping
| 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. |
The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
Cite This Source
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
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Main Entry: double dip·ping
Function: noun
: the usually illicit practice of accepting income from two mutually exclusive sources (as from a government pension and a government salary or from two insurers for the same loss)
Merriam-Webster's Dictionary of Law, © 1996 Merriam-Webster, Inc.
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