Nouns

(n)dipa depression in an otherwise level surface“there was a dip in the road”
(n)dip, angle of dip, magnetic dip, magnetic inclination, inclination(physics) the angle that a magnetic needle makes with the plane of the horizon
(n)pickpocket, cutpurse, dipa thief who steals from the pockets or purses of others in public places
(n)diptasty mixture or liquid into which bite-sized foods are dipped
(n)dipa brief immersion
(n)drop, dip, fall, free falla sudden sharp decrease in some quantity“a drop of 57 points on the Dow Jones index”, “there was a drop in pressure in the pulmonary artery”, “a dip in prices”, “when that became known the price of their stock went into free fall”
(n)dipa candle that is made by repeated dipping in a pool of wax or tallow
(n)dip, plungea brief swim in water
(n)dipa gymnastic exercise on the parallel bars in which the body is lowered and raised by bending and straightening the arms

Verbs

(v)dunk, dip, souse, plunge, douseimmerse briefly into a liquid so as to wet, coat, or saturate“dip the garment into the cleaning solution”, “dip the brush into the paint”
(v)dunk, dipdip into a liquid while eating“She dunked the piece of bread in the sauce”
(v)dipgo down momentarily“Prices dipped”
(v)dipstain an object by immersing it in a liquid
(v)diptake a small amount from“I had to dip into my savings to buy him this present”
(v)dim, dipswitch (a car's headlights) from a higher to a lower beam
(v)diplower briefly“She dipped her knee”
(v)dip, sinkappear to move downward“The sun dipped below the horizon”, “The setting sun sank below the tree line”
(v)dipslope downwards“Our property dips towards the river”
(v)dip, douse, duckdip into a liquid“He dipped into the pool”
(v)dipplace (candle wicks) into hot, liquid wax
(v)dipimmerse in a disinfectant solution“dip the sheep”
(v)dipplunge (one's hand or a receptacle) into a container“He dipped into his pocket”
(v)dipscoop up by plunging one's hand or a ladle below the surface“dip water out of a container”