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 Says:
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. Related Terms:
Broker
Bucket Shop
Bucketing
Churning
Circular Trading
Front Running
Guilt Edged Investment
Jitney
Pump and Dump |