DOUBLE DIPPING Definition

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DOUBLE DIPPING is two incomes received from the same source (as by holding a government job and receiving a government pension.

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MUNICIPAL NOTE, also known as a tax-exempt note, is an instrument generally issued with a maturity of one year or less by a municipality or public entity. The interest paid on this instrument is exempt from federal income taxes.

CR, in accounting, is an acronym for Credit Record. See CREDIT RECORD.

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