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stands for many words:
important, impossible, impressive, improbable, impartial, impatient, impolite...etc.

Basically you say "that's imp" when someone tells you something and you don't know how to respond. This lets the other person decide what he wants it to mean.

Most often is used to mean impressive.
"I climbed Mt. Everest today"
"that's imp"
(did he/she mean important? impossible? impressive? improbable?)
Imp by dudethatsIMP November 29, 2009
Related Words
A wooden ferryboat. (A knotty ferry)
imp by Bearinwoods, P.E. August 30, 2003
sum retarded person named aye who thinks shes really cool(see LOSER)
Imp by miniafromeredith July 30, 2003
G: Dude, check out the ass on that one!
E: Ya, I should definitely IMP...
IMP by shark July 15, 2004
Insane Monster Period. When your monthly cycle is particularly bad and/or driving you insane.

Pronounced like "imp", like the tiny devil that it is (not I-M-P like an abbreviation.)
Why are you stumbling around like a drunken psychopath?" "Oh, I'm just going to pass out from blood loss from this stupid IMP.
IMP by midnightflame September 3, 2011
a small creature that watches the un-explored forested areas of north america.
holy fuck, thats an imp!
imp by len July 17, 2004