An asslip is one who makes absurd verbal representations, all the while full of, what they know to be bullshit.
Hence, because a person excretes absurdities meant for their ass, through their lips, everything that is said or done by them is considered shit.
*Can be used as a Noun, Verb, Adverb or Pro-noun or any other grammatical term.
Person 1: Did you hear what he just did!?
Person 2: Yeah, what an Asslip.
Person 1: Lets go and get Ari, he is taking so damn long..
Person 2: Hey, what’s taking you so long Asslips!?