chilly nips 

Chilly nips happen usualy when you get cold, and your nipple gets hard.

Bob: Wow it was really cold today.
Steve: Yea it was so cold, i got chilly nips.

chilly nips by Sexylady6969. August 24, 2016

chill your nips 

Another variant of chill out. Used when someone is overly anxious/excited and needs to calm down. This is the politically correct, universal form of chill your tits (cuz everybody got nipples).

Ben: These gas prices are friggin redonkulous! I'm havin' a heart attack over here!

Bob: Yo, chill your nips. Here's $20 if you quit your bitchin.

chill your nips by OkieSolidarity June 25, 2008