put a hand or implement into (a bag or container) in order to take something out
Ian dipped into his briefcase and pulled out a photograph
sink, drop, or slope downwards
the sun had dipped below the horizon
the road dipped down to the bridge
miss an opportunity; fail
pick (someone's pocket)
leave
you wanna dip but don't wanna be rude so you just keep nodding
they said their hellos and dipped out early