chip-shank Share definition Flag When you're eating some corn chips, usually thin pointy ones, and while chewing you get stabbed usually in the roof of your mouth. Oww! I just got fucken chip-shanked by these nachos! I think i'm bleeding! chip-shank by mondomoon28 October 31, 2011 0 0 Get merch Get the chip-shank mug. Buy Now — $32.95 See more merch