A word that originated as a description of an animals sound, most often linked to the sounds foxes and small dogs make. Used as a word, it can be an exclamation of excitement or to get ones attention. Some times it is also used as an affirmative substituting the word yes. The word is popular in the 'furry' community as well.
Cassandra yipped to get her mate's attention
When you suddenly and unexpectedly lose the ability to perform a simple, everyday task, and then follow by messing up the attempt completely.
For example, one could be holding a cup of coffee and instead of raising it as intended to your mouth, you fling it across the room.
"Man, did you see that? I yipped a treat just there!"
by Bravura July 23, 2004
A mental disconnect between the mind and the body. May result in becoming a hacker.
Overton missed his put to the right because he had the yips.
by Alex Snow November 29, 2007
a modern-day word for the drug ecstasy, used so that figures of authority won't know one has dropped.
'Yo dude, you on yips?'
'Yeah man, yipped to fuck!'
by xoxogossipslut February 26, 2012
Word used to mean yes, or yeah.

ITS A WORD!!
Person 1: Hey, its sunny today!
Person 2: Yip!
by cK. March 30, 2003
an asian person who is particulary un-coordinated and is prone to doing near impossible acts of stupidity
Harry, how the hell did you trip over your own head u stupid fucking yip?
by Mohammed bakadakalaka March 6, 2006
A derogatory term for an English man/woman. Often used as a racist name to encapsulate English arrogance, ignorance and sense of entitlement.
Mostly used in reference to public school educated people.
I'd like to punch that f***ing yip, he thinks he's Rod Stewart
by Streetkidy2k January 8, 2011