B Nips Share definition Flag Short for Bologna Nipples. The area and or the actual nipple being over sized, and just plain disgusting. Looking like bologna or pepperoni. Tori had bologna nipples. But JT called them B nips for short. B Nips by Mah nigga jesus December 29, 2006 0 0 Get merch Get the B Nips mug. Buy Now — $32.95 See more merch