Any sexual act where dipping could be involved. Some examples would be you dipping your penis in a girl's vag, mouth, anus. To a lesser extent, tongues can be dipped in some fucked up places. But the best dip would be the Master Queef.
Mike-"Yo you going to dip it in that Honey Dip?"
Rob-"Ya dawg fo sho!"
When a person a future meaning to dance well in order to get a persons attention or show off yo' skillz
Creator of word:Christina Milian
Song:Dip It Low