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1 definition by Arni Duckheart

 
1.
MIP
MIP abbreviation for Making It Pay!

Making it pay- a sexual act.
Making it pay- masturbation
Similar to BIU
Arni: Hey, where's Rick?
Jake: Oh, I heard him MIP in the other room.
Arni: Like a nigga.
by Arni Duckheart January 01, 2010