Verb. A childish and unhappy reaction to a certain situation that does not go the way in which the subject wanted. The phrase originates from the face a baby pulls when they're upset.
Nic was dropping lip because his girlfriend denied him a blowjob before bed.
or
"Brad, don't drop lip because your dick's too small, just be glad that girls have a back door."
or
"Brad, don't drop lip because your dick's too small, just be glad that girls have a back door."
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