look up any word, like blumpkin:
 
1.
the slang term used for ones spicy rusty cyclopic brown winker!!!!

better watch oot if frolicking innocently in magaluf waters as come nighttime the nipsy gypsy strikes dishing oot rimjobs to unsuspecting drunken skinny dippers!!!!!!slurp slurp!!!!!
by paulo marrski October 23, 2006
28 33
 
2.
an ass hole
nips off shit
by mel February 01, 2004
25 32
 
3.
getting drunk off of nothing but nip bottles.

getting drunk on an airplane.
"How was your flight over?" "Oh great, I got totally nipsy."
by tiredofnick December 11, 2009
7 20