nip 

verb. To partake of an alcoholic beverage.

2. verb. To cut off something- especially so as to prevent further growth.

3. A Jap.

Time for a little nip from the bottle!

2. I'm gonna nip it in the bud!

3. I'm watching the banned Bugs Bunny episode called Nip The Nip.

nip by Malcolm X-crement April 9, 2006

Nip 

A small (usually plastic) bottle of liquor, the equivalent of one unit of alcohol.

We snuck in a few nips of vodka at the Van Halen concert

Nip by MickeyV May 2, 2011

nip 

nickname for the Japanese.
same thing as jap, although probably not as offensive.

not too many Nips live in Florida, or for that matter, the East Coast.

nip by KRHimself July 5, 2004

NIP 

Anyone with a foreign object on their head, such as a turban

Mr. Sidhu had a big nip on his head which prevented him from entering the small door opening.

NIP by Peter Jung December 31, 2007

nip 

a derogatory term for Japanese and Japanese-Americans originating during WWII. derived from "nippon," which is "Japan" in Japanese. other related terms: nipponese, jap

Let's intern all of the nips and take away their possessions.

nip by Janice <3 April 13, 2006

Nip 

Ninjas in Pyjamas (NiP) is a counter strike global offensive (csgo) pro team.

My favourite cs go team is NiP

Nip by Axxel October 16, 2015

Nip 

A shortened version of the word "Nipple"

I saw a picture of you and you could see some Nip.

Nip by conchowino December 19, 2008