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double dipping Definition

double dipping

noun

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 dipping Related Forms
double dipper noun
double dipping Finance Definition
The ability to deduct interest expense in two different tax jurisdictions at the same time. This is a creative, cross-border financing arrangement. Double dipping can also refer to any other similar situation in which a system is used to a person or company’s benefit.