An abbreviation for the word "typical".
"There's Shana over there, drunk and dancing on the tables again. She said she'd take
it easy on the sauce, but you know how that goes. Typs."
"We all went out to eat and I got stuck with
the bill again. Typs."
to make the excuse that you were attacked
by a clown
as a kid! It's so totally typs of you! I'm tired of hearing it!"