to steal something from someone's house, to have sex with your boy's girlfriend,
I shanked this cd from that kid's house. I shanked Tony by fucking Veronica.
January 14, 2003
to get away from somebody or something, to sneak your way out of someones house....deriving from the word DIP
Yo that kid honeydipped when he saw you.
Hey I think we should honeydip this club sucks.