Adjective. Describes an article of clothing usually worn by women to invite attention.
Ginny said to Hermione: "Wear these fuck-me boots. Harry will be all over you."
A law-enforcement officer (LEO) giving out a citation for a minor violation.
LEO: "You're parked 15 inches from the curb. You must be within 12 inches of the curb."
You: "This is a chippy bust! That officer's badge must weigh 400 pounds." But don't say it... :-)