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A form of saying 'Peace!' to somebody when you leave a room. Most commonly attributed to drunks misquoting a Fresh Prince of Bel Air episode in which Will Smith orders pizza and says "Sixteen Dollars, No tip, Peace!"
Pizza Delivery Boy: "Here's your pizza"
Drunk: "Sixteen Dollars, No Peace, Tip!"

Or alternately

A: I gotta get going.
B: Alright see you later.
A: Tip!
B: Tip!
tip! by GreyR December 31, 2008
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A way of being or feeling
I've been on the shy tip lately, that's why I havent called.

Tonight I'm rollin' on the solo tip, no honey's wit me.
Tip by LULU May 13, 2005
Related Words
Tips - Noun. the wooden tip to Black and mild cigarillos.. Also known as nips, and nipples.
Tyron slipped on the TIP, I threw in the ground, from dat blunt!
Tip by SubMonkeyZ September 28, 2020
Money left by customers in thanks to the waiter/waitress

Usually the majority of a server's income comes from tips, therefore a large tip is looked on with happiness, whereas a bad tip will criminalize you to the server, bartender, bus boy, and hostess.
Server: That 8 top had a $90 bill and left me a $6 tip

Hostess: Damn them to hell!
tip by musicalsarah99 October 17, 2007
A sum of money or a small bonus given to someone who provides a service; commonly done in restaurants, bars, and coffee shops.

Tips are generally based on a percentage of the bill and a reward towards the quality of service. 15 - 20 percent is common for good service. Anything less, generally means poor service.

Occasionally you will see tip jars by cashiers.

Tip also stands for the acronym: To Insure Prompt Service.
Our restaurant server was so great, I gave him a 20 percent tip!
Tip by Maverick Fischer December 15, 2022
tip meaning your gonna get tf jumped
I'll get people to tip on you
Tip by Mayfair_Autumn August 11, 2017