1. High quality concoction of PCP and formaldehyde in liquid form for soaking cigs or weed, usually sold in glass bottles from vanilla extract (known as a 'stract). see fry wet or dip.
2. Strain of cannibis named after the slang to imply high quality.
3. Term for any drug of high quality, mostly used by those uninitiated into PCP culture.
Yo, let's go get dipped out... but I'm not wasting my money unless it's some GORILLA PISS. Strong as King Kong and twice as dumb.