Top Definition
The small amount of damage you take when you block a special move in the Street Fighter franchise

(You're at < 1% health, and I throw a fireball at you..)

"Enjoy the chips n dip buddeh!"
by z3roshot February 19, 2009
When a person picks their nose and puts their boogers in a chicks snatch

And then dips them out with their finger and eats them.
This chick from last night was all about the chips n dip. She loved boogers.
by Bhoforlife June 30, 2016
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