A sexual term, similar to dip the wick or fuck. used often in question form. can also be used in as a statement in response to sex inquiries.
Man: Hey Pam you're hot!!
Pam: you don't look so bad yourself stud.
Man: Mind if i dip the Pickle?
Buddy1:hey i saw you with Pam, you dip the pickle?
Buddy2:yeah i dipped that shit deep
Buddy3:That a Boy!!