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1.
when you have a rediculously indent on the heel of your flip flops and no longer wish to wear them.
"mmmm.....i hate these sick things there all fip fop now."
by klappers July 16, 2008
 
2.
Fip Fops is and adaptaion of the words Flip Flops. It must be said in a quick manner.
"Hey man, you gonna go to the store and buy some Flip Flops?"
"Naw man, I'm gonna get some Fip Fops!"
by SamMusashi July 18, 2006