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Acronym that originated in the 1950's at MIT meaning "I Hate This Fucking Place". Adopted by attendees of numerous schools afterwards; most notably by the three US service academies, where the letters find their way into not only conversation, but a great deal of graffiti-like uses and spirit missions, or both. Most cadets/midshipmen tend to believe their school (West Point, Annapolis, or USAFA) was the one to originate the term.
Firstie: Freshman, what are the five most important letters you'll learn here?
Freshman: Sir, the answer is, IHTFP!
Firstie: Are you allowed to use acronyms freshman ?!??!
Freshman: No sir!
Firstie: That's right. 30 pushups, now!
IHTFP by USAFA guy November 12, 2008
Related Words

Ihoppopotamus 

a large woman at Ihop usually by her self, although they have been seen with others and family, mainly children Ihoppopotamus's
Dam, I thought that what I got was big, look at that Ihoppopotamus's plate! its the whole kitchen
Ihoppopotamus by Darman February 27, 2011
An acronym used by students at what are considered to be high-pressure instutions, including, but not limited to, MIT and the various military academies. Historically, the acronym stands for "I Hate This Fucking Place." However, a large number of backronyms have been applied to the term in recent years, the most notable including "I Have Truly Found Paradise," "I'm Here To Fly Planes," and "Ingeneous Hacks To Fascinate People." A long list of these more recent meanings can be found at www.mit.edu/people/mjbauer/ihtfp.html
IHTFP: I Hate This Fucking Place
IHTFP by ASFalcon13 July 28, 2008
A five letter abbreviation often used at academic institutions, most notably, MIT. Originally, supposedly, it stood for "I Hate This Fucking Place". Over time, other expansions surfaced, including "I Have The Finest Professors", "I Hate The Fucking Pressure", "I Hunt The Finest Pussy", among others.
IHTFP by tommyz July 21, 2003

Ihoppression 

The overwhelming depression felt by the employees of iHop.
When the employees gathered around to sing “happy birthday” but at the same time yearned for sweet death, it was a clear case of iHoppression.
Ihoppression by saaaaywhaaaat April 27, 2019

ihoppin' 

Throwing up over the toilet while taking it in doggy style
After drinking all night, Sue went ihoppin' with her boyfriend.
ihoppin' by blank212 June 20, 2009