The act of leaving a social setting, and/or place of business in a rather quick fashion. Often the exit is concise enough to go unnoticed by other individuals in the vicinity.
It's Friday, I just got paid and its past 5 o clock! Im dippin the f*ck out of this camp before my asshole boss tries to keep me here with some other lame bullshit. Peace and I'm out!
12 step recovery jargon referring to someone new who talks about how great life is, now that they'resober. Usually meaning that the person is out of touch with reality.
The new guy seems pretty happy for a dude who has no job, no money and no family. He must be on a pink cloud.