a complement equal to the original; a double measure:
a double dip of protection through both insurance and Social Security.
2.
something that happens twice in a cycle, especially on a downturn:
a double dip of recession.
double-dip
[duhb-uh l-dip] /ˈdʌb əlˈdɪp/
verb (used without object), double-dipped, double-dipping.
1.
Informal. to earn a salary from one position while collecting a pension from the same employer or organization, especially to be a wage earner on the federal payroll while receiving a military retiree's pension.
adjective
2.
of, pertaining to, or of the nature of a double dip.
Origin
1960-65
Related forms
double-dipper, noun
Examples from the web for double dip
No matter what happens for the rest of the day, the morning's nosedive will revive talk about a double dip.
Today's report probably comes as a relief to many: a double dip no longer appears to be imminent.
If consumers pull back in a meaningful, prolonged fashion, then a double dip will probably be unavoidable.
But if another significant shock hits the economy, then a double dip may be inevitable.
And for layoffs to ensue, they either overestimated the speed of the recovery or see a double dip.
Employers are paralyzed by fear that the economy could double dip and that demand is too low to justify new investments.
Only over the past few months have economists begun lowering the probability of a double dip recession in their forecasts.
Still, there remain concerns about a double dip recession.
Credit card companies are allowed to not only double dip, but to triple dip.
double dip is not a term that a government keen to extricate itself from the economic-crisis-management business likes to hear.
British Dictionary definitions for double dip
double dip
noun
1.
(economics)
a recession in which a brief recovery in output is followed by another fall, because demand remains low
(as modifier): a double-dip recession
Slang definitions & phrases for double dip
double-dip
noun
The practice of holding a second job that has retirement benefits while receiving a pension from former employment
verb
To dip a food item into a sauce or dip, take a bite, and then dip it in the sauce again: You can double-dip at home, but not at a party
To get money from two sources, often in a way that is not legal or by simultaneously drawing a government pension and holding a job
[1970s+; fr an ice-cream cone with two dips, scoops, of ice cream]