double-dip

¹

[duhb-uhl-dip]

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

1. of, relating to, or of the nature of a double dip.

double dip

²

noun

1. 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

noun

1. economics

   1. a recession in which a brief recovery in output is followed by another fall, because demand remains low

   2. ( as modifier )

      a double-dip recession

Other Word Forms

• double-dipper noun

Word History and Origins

Origin of double-dip¹

First recorded in 1960–65