dipset 

An affirmative phrase. Used to signify correctness. Can also be used in the forms of simply "Dip." or "Set."

P1: That nigga is trippin, yo.
P2: Dipset.

P1: I hate on niggas who wear black.
P2: Word nigga, dip.

P1: Yo, that foo' Tyree just pissed on a cracka.
P2: OH, DIP?!

dipset by DME May 24, 2005

Dipset 

To leave or be finished

Its Dipset Now...Meaning Its Over Now

Dipset by Chayyy December 28, 2005

Dipset 

When you surpass you're own self perceived potential.

When you are running as fast as you possibly can and have no energy left, then you proceed to run even faster. DIPSET!

Dipset by D.I.P.S.E.T March 14, 2011

dipset 

a person who is nothing more than a sexual playtoy - someone who is not your girlfriend or boyfriend but you have sex with them.

Yo', I ain't gotta worry bout' gettin' some from my girl tonite cuz I can jus' call my dipset.

dipset by Kiki November 8, 2003

dipset 

a humoungous wave that is not fomular.

P1- Oh shit son, check out that dipset, yo.

P2- Oh shit, fo reel. Sheeet, ima ride that dip set.

P1- (In ghetto sounding voice) DIPSET!

dipset by Sammy Dizzle August 4, 2005

dipset 

Throwing in a can of Skoal, Copenhagen, etc.; snuffing

I could go for a dipset right now

dipset by Pappus December 28, 2005

dipset 

A Gang, crew, or group of people.

My dipset is waitin for me at the park.

dipset by Rich May 25, 2004