Yipsy is anything you want it to be, any situation any circcumstance, its the new word of tennessee and we're spreadin it like wildfire
"my girlfriend cheated on me...", "Man thats yipsy!" "I got A on my AP History test! This is so yipsy!"
by Guthix March 13, 2009
A very caring and loving person. Very sexy with a huge ass. sexy cuban latina,usually from Miami. usually short, with medium brown colored hair,brown eyes, usually wears glasses, doesnt take any shit from anyone, usually a flirt.
WOW! Can you believe that Yipsy!! She is so Great!
by Billy-bob jr. February 22, 2008