dip · verb /dɪp/Full view
dip (PUT INTO LIQUID)
B2 T to put something into a liquid for a short time
Dictionary examples:

Dip the fish in the batter, then drop it into the hot oil.

She dipped her toe into the pool to see how cold it was.

Learner example:

I recommend little sandwiches, chips and other things to dip [into sauces]. (First Certificate in English; B2; Catalan)

dip (BECOME LOWER)
B2 I to become lower in level or amount
Dictionary example:

The number of students taking classes in the sciences has dipped sharply.

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