Ripping makes a copy of the tracks, often with loss of information.
What is meant by ripping is that you are stealing the copyrights.
In Belgium you are allowed to posses one copy of a copyrighted work
like a audio CD. E.g. 1:you buy a audio CD. you are allowed to make
one verbatim copy on a writable CD (for example for your weekend
home). You are also allowed to rip
the cda tracks to for example mp3, download them on your mp3
player, and listen to them. E.g. 2: you rent an audio CD from a
media library. You are not allowed to make a verbatim copy
because the original belongs to the library. You are also not allowed
to rip to mp3 because then you rip, steal the cost of the audio CD
from the author of the CD. You are not allowed to make a copy because it is
not you who have bought the audio CD. If you want to listen to
the CD or near equivalent mp3 tracks you must buy the audio CD.
By copying, you rip or steal revenues from the author/singer.