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.
of, relating to, or of the nature of a double dip.
Origin of double-dip
First recorded in 1960–65
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019