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1. Lips of a vagina, cunt or a pussy.
2. Nickname for a fucker you don't really like but have to put up with his shit until further notice.
"Hey Bisholips, pass me that wrench and while you're at it, why don't you shave your bisholips!" or "Those are quite the bisholips you have there!"
by NICO-SUAVE April 20, 2008
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