double-dip
[duhb-uh l-dip]
- 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.
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- of, relating to, or of the nature of a double dip.
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Origin of double-dip
First recorded in 1960–65
double dip
- 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.
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Dictionary.com Unabridged
Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018
Examples from the Web for double-dip
Contemporary Examples
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 GlobalizationRobert Shapiro
June 8, 2013
More uncertainty could force a further credit squeeze on an economy that has just entered a double-dip recession.
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 StreetAugust 5, 2011
double dip
- 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
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Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
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