Double Dipping
Definition of '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. |
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Investopedia explains 'Double Dipping'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. |
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