- 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.
- of, relating to, or of the nature of a double dip.
Origin of double-dip
First recorded in 1960–65
- 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
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
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
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?
As a result, we do run a higher risk of a double-dip recession than we did several months ago.
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
- a recession in which a brief recovery in output is followed by another fall, because demand remains low
- (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