1)a consumable food product, often consumed orally,sometimes anally, that are made of a fried thin substance with a crunchy texture.

2)an interjection yelled at certain times of excitement, as when a fat ass sees the object of his desire: CHIPS!
1)We still have $20, you know we could uh, we could uh, get somre more CHIPS.

2. CHIPS!!!!!! (in a deep voice)
by B-rad from the 'BU June 4, 2007
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The crusty lozenge sometimes found in a women's panties, formed by vaginal secretions.
Man, that bitch is so fine, I would eat the chips right out of her panties!
by Cuddle Finger May 3, 2011
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Nagercoil is famous for salty and sweety banana chips
Etthankaai uppEri is nothing but banana chips
by Padmakumar.R October 17, 2003
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It is a short word for a fag
if you need to tell some one that you are to to have a fag and there is someone there who doesnt know that you smoke you would say " i am going to have some chips!" or if you are going to have more than one yer would say "im going to have a portion of chips!"
Fran: I am going to have a some chips, want some"
by Menna NO! December 4, 2005
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the chapped feeling left when your nipples are so cold they hurt.fripples
Oh, don't touch the chips,they hurt. I suffer from CHIPS, and have become addicted to nipple creams!!!
by beenessa69 December 6, 2004
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dude on corner "hey man what you need?"
crackhead "got any chips?"
dude "yeah"
crackhead "can you do 13 for $100"
dude "sure"
crackhead "sweet"
by cicerohustle January 16, 2010
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Chips is Chips: a statement that can be used in many scenarios to more or less declare that "it is what it is", or "live and let go". Almost always this saying is used to eleviate the intensity of a conversation, conflict, or dilemma at hand. It helps us single out the petty worries of day to day living.
Husband: "Oh what a terrible day! We lost power today at the office, I was stuck in traffic for two hours, and got pulled over ten minutes before I got home!"
Wife: "Don't worry about it so much dear, chips is chips."
by RitaIsItalianForICE January 5, 2009
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