The verb dilute has 2 senses (first 1 from tagged texts)
1. (9) dilute, thin, thin out, reduce, cut -- (lessen the strength or flavor of a solution or mixture; "cut bourbon")
2. adulterate, stretch, dilute, debase -- (corrupt, debase, or make impure by adding a foreign or inferior substance; often by replacing valuable ingredients with inferior ones; "adulterate liquor")
Overview of adj dilute
The adj dilute has 1 sense (first 1 from tagged texts)
1. (7) diluted, dilute -- (reduced in strength or concentration or quality or purity; "diluted alcohol"; "a dilute solution"; "dilute acetic acid")