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Chip Chug

When you are eating a bag of chips and come to the end where the pieces are so small that your only option is to tip the bag so the remainder ends up in your mouth.
"Trent was so hungry that when he ate all of the chips in the bag he decided to chip chug the crumbs."
by PuckChapple January 30, 2009
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Chip time

The failure and embarrassment of a student after getting a question wrong in a lesson, particulary in A-level economics. The meaning also indicates that the student is not welcome in the class due to his or her failure and must therefore buy some chips in a nearby cafe or canteen after leaving.
Teacher: where is revenue maximised?

Student1: I don't know...

Teacher:(sigh)

Chris: Chip time mate. Time for you to receive your failure
by Jarab97 November 12, 2014
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Chip on his Shoulder

This has gotten lost in all the false meanings. A chip on his shoulder comes from the days when there was a formal declaration for a fight, punch-up etc. When a person disagreed strongly with someone over a personal belief, they would place a chip of wood on their shoulder and dare the other to knock it off. Once the other person did this signaled the beginning of the fight and thus punches were thrown. Examples of this can be seen in old British movies circa 1930-1950's.

We use this idiom to say that someone has a deeply held feeling or conviction about something (whether it annoys them or that they won't listen to any other opinion about it) and thus if you disagree then they will vehemently challenge you.
He has a real chip on his shoulder about his size, I had a chip on my shoulder about immigrants until I moved to another country.
by Speakada Lingo November 4, 2015
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V-Chip

A crazy chip the FCC is making a requirement for all TVs.
It would be wise to figure out how to gain control of your V-Chip before your parents do.
by Kyle112 October 5, 2007
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V-Chip

Idiotic built-in thing on most new TVs for parents to facistly control what you can see on tv. Invented by lame overprotective soccer moms with too much time on their hands.
"Haha! I figured out how to unlock the V-Chip! I can watch MTV now!"
by nashville chik October 2, 2005
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Mystery Chip!

A chip that has been licked and then put back in the packet
Matt: MYSTERY CHIP!
Brad: That's fucking gross
by BradPike February 21, 2009
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bargaining chip

It was a poor excuse for a bargaining chip but not many were available.
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