to acidentally catch your penis when you zip your pants after urinating. It is the combination of equipment and nip. Can also be reffered to as "equipnip"
by DeAndre November 30, 2005
Quipnip is a mixture of 2 words, quip and nip. Quip is a witty remark and nip is to bite or pinch sharply. Quipnip means a funny bite.
by quipnipishu September 25, 2017