A virtual collection of "chips" you collect by doing favors for friends.
Brian: Dude, can you help me move out of my house this weekend?

Dave: I will, but that will cost you 12 months worth of friend chips.
by LakeStevensBA March 20, 2009
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A "friend" who only likes you when you have something they want eg. chips
Ant: Can I have a Dorito?
Bec: What? Do I know you? Stop being a chip friend!
by Doof June 18, 2006
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