Top Definition
The combination of the words "cool" and "whip." The epitome of Awesomeness. Can also be used in any exciting situation, and if used correctly can be used to escape a particularily uninviting situation. Must be used with caution for only those cool and Awesome enough can use this word without looking like a complete douche.
One cannot simply walk into Coolip.
by CortyBunns July 17, 2011
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