When you ask someone who appears upset what's bothering them, but you underestimated the gravity of their problem and it ends up being quite serious, and you're unprepared to deal with it so you offer a halfhearted acknowledgement ("RIP") and leave as soon as possible (dip)

when you are wiping your butt and the toilet paper rips and your fingers get a dip in the poop.

When you're having sexual intercourse whilst wearing a condom, and then take it off and reinsert your bare penis.

To "rip" open a zip-lock bag full of weed and "dip" your hand in.

Rip and dip friends are one of those friends who would talk to you for a brief period of time and after would disappear from existence. Sometimes they will return to talk to you again briefly so they can be entertained for a bit only to disappear once again.
This usually happens online if you do not talk in person or on the phone on a regular basis. This doesn't exactly mean they are bad friends, just ones you can't be extremely good friends with.

Rip n' Dip - The act of stealing a females virginity, while being in a relationship with her then braking up with her afterwards.
Leaving the girl emotional scarred, sometimes heart broken.
Often earning you a bad rep with the ladys.

a gang located in naples consisting of 6 people that go around acting gangster.