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TeachMeFinance.com - explain dip dip 'dip' is an military term. It means '(DOD,NATO) In naval mine warfare, the amount by which a moored mine is carried beneath its set depth by a current or tidal stream acting on the mine casing and mooring'. Previous 5 Terms: deviation _ diapositive- died of wounds received in action - differential ballistic wind diffraction loading Next 5 Terms: dip needle circuit _ diplomatic authorization- direct action - direct action fuze direct air support center Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.