look up anything, like your first name:
1. Fips
A word used to describe ones lips if they are abnormally huge and if they look more like arse cheeks on ones face.

Fish + Lips = Fips.
Omg...it was like he was eating, my face.

EATING. MY FACE. THEY ARE JUST SO FUCKING FAT.

I SWEAR TO GOD, HIS FIPS ARE DISGUSTING.
2. FIPS
Fucking Illinois Pieces of Shit - another terminology for the FIB commonly used by people from Wisconsin to describe someone from Illinois that has just pissed you off royally.
That FIPS just spilled my beer.
by WiPrincess Feb 28, 2005 add a video
rss and gcal