double dip

noun

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

double-dip

[ duhb-uhl-dip ]

Phonetic (Standard)IPA

, dou·ble-dipped, dou·ble-dip·ping.

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.

double dip

economics
1. a recession in which a brief recovery in output is followed by another fall, because demand remains low
2. ( as modifier )
  a double-dip recession

First recorded in 1960–65

With Europe stuck in a double-dip recession, the United States once again finds itself a prime engine of global growth.

More uncertainty could force a further credit squeeze on an economy that has just entered a double-dip recession.

Obama is faced with putting more people back to work, or at the very least, avoiding a much feared double-dip recession.

Why are people afraid of the double dip but not of inadequate growth?

But the question is whether the employment and output gaps will get worse—i.e., are we headed for a double-dip recession?

April 19, 2024tortuous

[tawr-choo-uhs ]

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