double dipping

double dipping
double dip·ping n: the usu. 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.

double dipping
In the context of executive compensation, the term is usually used to indicate that an executive participates in more than one kind of share incentive arrangement (for example, award of performance shares and grants of share options are made to the same executives in the same year) with each rewarding similar performance.

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

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Look at other dictionaries:

  • double dipping — ˌdouble ˈdipping noun [uncountable] disapproving when someone receives money from two different sources for doing the same job: • Double dipping, such as using subsidized water to grow subsidized crops, costs taxpayers hundreds of millions of… …   Financial and business terms

  • double-dipping — double dip UK US /ˌdʌbl̩ˈdɪp/ verb [I] US FINANCE ► to receive income from two places, for example from a government pension while employed by the government, or from two different government pensions: »A loophole in federal law allows teachers… …   Financial and business terms

  • double dipping — n. the practice of receiving compensation, benefits, etc. from two or more sources in a way regarded as unethical, as from a military pension and a government job double dipper n. * * * …   Universalium

  • double dipping — n. the practice of receiving compensation, benefits, etc. from two or more sources in a way regarded as unethical, as from a military pension and a government job double dipper n …   English World dictionary

  • double dipping — noun two incomes received from the same source (as by holding a government job and receiving a government pension) • Hypernyms: ↑income * * * double dipping, U.S. Informal. the system or policy of allowing a person who has retired from government …   Useful english dictionary

  • 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. There is more than one meaning for the term depending on the context. For example, the… …   Investment dictionary

  • double-dipping — American the activity of receiving money from two different places or two different jobs, often when it is not honest or legal. The government has introduced tighter rules on employees pensions to discourage double dipping …   New idioms dictionary

  • double-dipping — noun see double dipper …   New Collegiate Dictionary

  • double-dipping — /dub euhl dip ing/, n. the act or practice of receiving more than one income or collecting double benefits from the same employer or organization. [1970 75] * * * …   Universalium

  • double-dipping — /dub euhl dip ing/, n. the act or practice of receiving more than one income or collecting double benefits from the same employer or organization. [1970 75] …   Useful english dictionary

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