A person who consumes the sexual energy of men and leave s th a shambled, emotional wreck on the floor, not unlike a scattered pile of woodchips on the floor. see: Fargo.
The holiday contrasting the Jewish High Holy Day, Yom Kippur, where you instead indulge in a multitude of sinful activities, unbothered by the religious consequences of those actions.
“Im really glad I spent today celebrating Ron Chipper”
“Dude are you hammered? Do you mean Yom Kippur? Aren’t you supposed to fast and repent?”
“No that’s a different holiday. I recognize Ron Chipper, instead.”
A person who, while standing up at a urinal, launches his urine out so hard and heavy, it can break (or chip) the porcelain.
Jason can stand 15feet away from the urinal and still comfortably navigate his urine in for a safe landing. It's the reason we call him a porcelain chipper.