Top Definition
Another phrase meaning "Vagina" or "Pussy". Lip tip is a slang used often for verbal harassment to one's foe or nemesis in battle.
Jerry: I'm gonna take you down, you no good lip tip.
Benjamin: How dare you call me a 'pussy' in front of my lover.
*Scuffle Commences*
by NotYourOrdinaryPsycho September 28, 2015

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