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An expression of disgust or approval, most commonly at the expense of another.
*boy gets hit with football*

friend of kicker: "chips, blood!"
chips by a mousy none June 27, 2007
If something is chips, it's okay, if something isn't chips, it's not okay. That's that.
Timmy: "OWW THAT CHICK JUST PINCHED MY BALLS!"
Me: "That's just not chips, mate."
Chips by "P Nizzle" February 16, 2010
if something stops working or becomes a complete mess
1.'noooooo my computers gone chips on me'

2.'my stereos gone completely chips'
chips by leanaura August 12, 2005
an individual who likes to drink beer and blow shit up.
holy hell, look at CHIPS! he just dun blew that tree up with a machine gun or sumthin'!
CHIPS by who? December 13, 2004
another name for marijuana; used when an individual uses a bag of chips to conceal marijuana on school premises.
"hey, i got some more chips"
"damn, them are some goooood ships"
chips by Billy Bob December 12, 2002
Used at the end of others names to make greeting or talking to someone more interesting. 2. it can just be used in random occasions just to get pumped up. 3. It can also be used as an add on to most any object.
1. Rip Hamil-CHIPS! just drained a three!
who is coming over? Joe Woodchips!!!!
2. The CHIPS ARE DOWN!!!
3. I need to buy me a new HD TV-CHIPS.
Chips by Mike-chips May 19, 2006