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1.
its when a female t-bags a male
jared gets lip dipped by hookers all the time.
by dick tase good April 27, 2010
 
2.
The female equivalent of tea-bagging. Usually performed on unwary or sleeping individuals.
Particularly effective with an audience.
Joey was napping when Susie delivered a surprise Lip Dip
by the BGR August 22, 2014