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1.
Cocktail or beer at the bar, party or house. John Candy ordered three orange whips at the Blues Brothers concert.
Orange whip? Orange whip? Orange whip? Three orange whips.
by Park It Loud February 11, 2012
 
2.
Alcoholic beverage.
Hey bartender, let me get an orange whip. (Usually meaning beer.)
by drinker123 October 23, 2010