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Bad, or not good. In replace of weak or wack.
This song is chips, I'de rather listen to bethoven any day before this
by Noonz Tha Jackal August 12, 2008
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2
money (probably from the chips used in casino gambling)
I saved some chips to buy a new game.
by Light Joker February 21, 2005
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3
Noun:

In replacement for bad, weak, stupid...

Can describe anything you don't like as chips.

Apparently originated in Boston, but nobody has yet seen people saying things are "chips".
1. "This place is so chips, there's nothing to do!"

2. "Yo John got with Melissa last night, but he said it was chips"
by Witt203 July 20, 2013
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4
A male, generally of Canadian decent, who displays a lumberjack beard and owns a magic penis.
1."Is that the dude on the Brauny paper towels?" "No, you can tell by his glowing pants that he's a chip."

2. "The only way to satisfy an entire Harem in under 5 minutes is to employ a chip."
by kayto82 February 03, 2010
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5
a piece of a cigarette containing tobacco that is used to mix with ur weed for use in a joint
oi joe u got a chip?
by wouldnt u like 2 know October 18, 2003
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6
A West COast slang term for money. Derived from the poker chips used in casinos.
I'm outta chips... I'm headed home.
by Grinch March 18, 2004
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7
A word used to describe a person who is a cunt, and or extreme faggot.
I hate that guy over there, he’s such a chip.
by Bag o’ chips June 06, 2018
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