Hottie In Progress. A girl who will one day be supa-hot.
Did you see that girl at Chuck E. Cheese yesterday in the ball pit? H.I.P., man. H.I.P.
"Hand in Pants." Used by strippers, and customers of lap dances to ask for some special treatment in the back room, i.e. a hand job.
When I went into the back room with the stripper for a lap dance, I asked her if she was down with some H.I.P.