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Something you say when something goes wrong in life. Usually you use this phrase when a plan fails, or something bad happens that was unexpected. Also said when a dream you had dies, hence "Rest in Peace" the dream, meaning the dream has died.
When I couldn't find a condom, my girlfriend said "RIP the dream", because we had been planning to have sex for months.
by tyreethus_mento February 14, 2017
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