A term of great excitement or happiness. If something good goes your way, it is very chip. If something negative happens it lacks chip.
Robb: "Dude I so pwned that nub!"
Brian: "OMG that is so chip!"

Brian: "Dude I just won the lottery!"
Robb: "CHIP!"

Brian: "yeah, Yeah, YEAH!...."
Robb: "uh, chip!?"
Brian: "Hell ya boyeee!"
SpikeisGrand tarafından 5 Aralık 2007, Çarşamba
If something is chips, it's okay, if something isn't chips, it's not okay. That's that.
Timmy: "OWW THAT CHICK JUST PINCHED MY BALLS!"
Me: "That's just not chips, mate."
"P Nizzle" tarafından 16 Şubat 2010, Salı
A quick hit, usually to the face or chin. To punch or jab someone.
Yo I swear da next time I see dat nigga imma chip him
jerz nigga tarafından 25 Mart 2009, Çarşamba
being instructed to run, leave quickly
yo! u best chip now or ya gettin a beatin
Mack-S12 tarafından 28 Ekim 2008, Salı
the dried feces stuck to the tip of the penis after unprotected anal sex
when jerry finally pulled out, he had chip on his tip
scuttlebutt tarafından 6 Mart 2008, Perşembe
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