double-dip

[duhb-uh l-dip]

verb (used without object), dou·ble-dipped, dou·ble-dip·ping.

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

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

Origin of double-dip

First recorded in 1960–65

Related formsdou·ble-dip·per, noun

double dip

noun

a complement equal to the original; a double measure: a double dip of protection through both insurance and Social Security.
something that happens twice in a cycle, especially on a downturn: a double dip of recession.

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018

Examples from the Web for double-dip

Contemporary Examples of double-dip

With Europe stuck in a double-dip recession, the United States once again finds itself a prime engine of global growth.
America’s Economy Is Outperforming Rivals Because the U.S. Is Excelling at Globalization
Robert Shapiro
June 8, 2013
More uncertainty could force a further credit squeeze on an economy that has just entered a double-dip recession.
Barclays, NatWest, LIBOR: Britain’s ‘Perfect Storm’ of Scandal
Peter Jukes
July 3, 2012
But the question is whether the employment and output gaps will get worse—i.e., are we headed for a double-dip recession?
Will We Double-Dip?
August 6, 2011
As a result, we do run a higher risk of a double-dip recession than we did several months ago.
Will We Double-Dip?
August 6, 2011
Despite an initial rally after today's jobs report, the Dow took another hit, sagging on fears of a double-dip recession.
Wild Ride on Wall Street
August 5, 2011

British Dictionary definitions for double-dip

double dip

noun

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

Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012