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To massively fail so horribly that society completely rejects you existence
Kyle: "Dude Jake, i got a -1000% on that test"
Jake: "Wow man, you completely chippsed it"
Chippsed by pwnerofgerman2 April 23, 2009

chipped beef 

The result of a blow job given by someone wearing braces.
When Braces Sally gave Jimmy a BJ, he got chipped beef.
chipped beef by Susy Zimzel April 24, 2003

chipped ham

A type of Deli meat that can only be found in Western Pennsylvania. It is supremely thinly sliced ham. Origninally made by Isaly's.
Lots of people in Pittburgh like chipped ham sandwiches.
chipped ham by schizoartist November 2, 2004

chirpsed 

I was at 7-11 getting chirpsed by this fly hottie I seen at the club.
chirpsed by AngelzMom June 3, 2009
a tramp just got chipped
chipped by vunch February 6, 2015

Potato Chipped 

Created in the year 2010 n: A term used on a person who is unknowingly projecting personal refrences on ongoing sexual intercourse, the term derived from the popular potato chip brand "Lay's" which can be percieved as the word "Layed" meaning (someone who has participated in sexual intercourse)
A: "Why is she so mad"
B: "I don't know but she definatly needs to get "Potato Chipped"!
Potato Chipped by xcrozx January 3, 2011