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To leave on location and go to another; Means the same as let's bounce
1 This place blows, let's dipset.
2 Bye guys, I'm dipsettin'
Dipset by ilovebball September 2, 2010
yo i'm ready to dipset
dipset by killa07 December 28, 2005
Any form of leaving or being moved. Something can be dipset, someone can dipset.
Guy (if leaving): I've got to dipset, I hear the police.

Guy (broke a glass): I was running, I hit the table, and that glass dipset to the floor.

Guy (if someone fell): That dude just dipset to the ground!

Guy (if breaking up with a girl):She's not right, I've got to dipset on that relationship!
AKA The Diplomats.

Its what happens when crack babies and ritalin children grow up.
"Mom? Can I grow up to be a rapper?"
'No, Billy, because you don't know how to rhyme.'
"Oh mom! Don't be silly! I can just be like dipset."
dipset by gooberliberation May 2, 2006
leaving the vicinity ASAP without looking back

can be used casually
"oh shit cops, DIPSET!!"

or

"My momdukes is callin I gotta dipset."
dipset by Beevy Stee August 14, 2009