Double dip

Definition:

Used for listed equity securities. Dividend roll in which the "dividend capturer" already owns the stock cum dividend. Also used when tax depreciation is accessed in two countries concurrently. For economics, it refers to two closely dated recessions, e.g. 1980-82.

Investing Essentials


Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University

Term of the Day

Insured account

A bank or financial account that is insured for the benefit of the depositor, protecting against loss in the event that the savings institution becomes insolvent. See: FDIC.

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