double-dip

[ duhb-uh l-dip ]
/ ˈdʌb əlˈdɪp /

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.

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Origin of double-dip

First recorded in 1960–65

OTHER WORDS FROM double-dip

dou·ble-dip·per, noun

Definition for double-dip (2 of 2)

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. 2020

Example sentences from the Web for double-dip

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