Lipton Dip Share definition Flag The placement of the male testicles into one's mouth. (See tea-bagging.) "Dude, its Wednesday and I kicked your ass at this round of Halo 3, hows that Lipton Dip tasting? Lipton Dip by Chrix and A!ex December 22, 2007 0 0 Get merch Get the Lipton Dip mug. Buy Now — $32.95 See more merch