double dip

noun
1.
a complement equal to the original; a double measure: a double dip of protection through both insurance and Social Security.
2.
something that happens twice in a cycle, especially on a downturn: a double dip of recession.
Dictionary.com Unabridged

double-dip

[duhb-uhl-dip]
verb (used without object), double-dipped, double-dipping.
1.
Informal. to earn a salary from one position while collecting a pension from the same employer or organization, especially to be a wage earner on the federal payroll while receiving a military retiree's pension.
adjective
2.
of, pertaining to, or of the nature of a double dip.

Origin:
1960–65

double-dipper, noun
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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Collins
World English Dictionary
double dip
 
n
economics
 a.  a recession in which a brief recovery in output is followed by another fall, because demand remains low
 b.  (as modifier): a double-dip recession

Collins English Dictionary - Complete & Unabridged 10th Edition
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Dictionary.com's 21st Century Lexicon
Main Entry:  double dip1
Part of Speech:  n
Definition:  the practice of holding a second job which has retirement benefits while receiving a pension from former employment; by extension, the action or process of dipping in twice, as using a potato chip to scoop up dip two times
Main Entry:  double dip2
Part of Speech:  n
Definition:  a cone containing two scoops of ice cream
Main Entry:  double dip
Part of Speech:  n.
Definition:  See double-dip
Dictionary.com's 21st Century Lexicon
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Example sentences
No matter what happens for the rest of the day, the morning's nosedive will
  revive talk about a double dip.
Today's report probably comes as a relief to many: a double dip no longer
  appears to be imminent.
If consumers pull back in a meaningful, prolonged fashion, then a double dip
  will probably be unavoidable.
But if another significant shock hits the economy, then a double dip may be
  inevitable.
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