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It is a process of ripping (partying), dipping (smashing out a chick), and then sipping (boozing afterwards). This process can be reviewed by friends to obtain maximum effectiveness.
Mr. Cheese: My young friend why don't you just rip, dip, and sip already!!
Dante: Alright Mr. Cheesal I'll rip, dip, and sip

or

You: I ripped, dipped, and sipped last night
Friend: Damn brah, sounds legit
by Mr. Cheesal August 05, 2014
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