It's when someone dips their ballsack in someone else's mouth and then leaves a dollar bill on the person's chest.
Last night the guy passed out in our living room so i dip n tipped him, left the poor bastard a dollar.

I dip n tipped your poor mother last night...at least I thought it was her.

He lived a meager life selling dips for tips.
by TBC101010 October 18, 2010
Get the dip n tip mug.