Double Dip (noun) Definition, Meaning & Examples

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noun
  1. a complement equal to the original; a double measure: a double dip of protection through both insurance and Social Security.
  2. something that happens twice in a cycle, especially on a downturn: a double dip of recession.
verb (used without object), dou·ble-dipped, dou·ble-dip·ping.
  1. 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
  1. of, relating to, or of the nature of a double dip.
noun
  1. economics
    • a recession in which a brief recovery in output is followed by another fall, because demand remains low
    • (as modifier)
Double Dip (noun) Definition, Meaning & Examples

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