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3.
MIP
stands for Minor in Possesion. a citation given to minors found to be in possesion of alcohol.
"i was floating the guadalupe on saturday and some cop gave me an MIP."
by tdm duh February 15, 2007
 
1.
mip
Minor In Possession. Specific state laws dictating punishment for a minor found possessing alcohol, marijuana, or other controlled substances. Generally a light misdemeanor; in Michigan, for example, the maximum punishment for an MIP conviction is a $100 fine.

Note that the legal definition of "in possession" can at times include "under influence;" for example, the Michigan MIP law allows for a legally drunk minor to be charged with possession. This amendment was intended to close a loophole related to drinking in Canada; in previous cases, defendants had argued that drinking in Canada did not constitute possession in Michigan.
My friend had a dime bag in his glove box, and when he got pulled over they slapped him with a MIP.
by progamer124 October 10, 2003
 
2.
mip
MIP is short got Minor In Possesion
(weed, alcohol, etc..)
I got a MIP when that pig found a 20 sac on me.
by Whito October 10, 2003
 
4.
1. Minor in Possesion
2. Something you can't graduate college without
"Dude, I just got my 3rd M.I.P.! If I get one more I get a free brethalyzer!"
by ugafrat January 04, 2007
 
5.
An Acronym For "Meaningless Indication of Processor Speed"
Your Computer has 3 more MIPS than mine...
by MRsneezy November 11, 2007
 
6.
Unusually large male hips. Man hips. See related "moobs."
n. "That man's got back; he's got some mips on him!"
by mlle February 16, 2007
 
7.
MIP
Masturbating in Public.

I minor offense close to nudity in public.
-Dude, I got an MIP.
-You're a sick motherfucker.
by ICrusifiedHell April 12, 2011