(chip) noun
1. A small piece cut or broken off.
2. A small disk or counter used in games, as in poker.
3. One of the dried droppings of animals available as fuel: usually in the plural: buffalo chips.
4. Anything insipid, vain, or worthless.
5. An overdone piece of meat, etc.
6. A small, crisp morsel: potato chips.
7. A crack produced by chipping.
8. A very small piece of silicon on which integrated circuits can be printed.
—a chip off the old block Colloq. A child that resembles either of its parents.
—v. chipped, chip·ping v.t.
1. To break or scale off a part of, as a piece of china.
2. To chop or cut, as with an ax or chisel.
3. To hew or shape by cutting off pieces.
4. Obs. To pare, as a crust of bread.
—v.i.
5. To scale off in small pieces.
6. In golf, to hit a chip shot.
—to chip in
1. Colloq. To contribute, as help or money.
2. In poker, to put chips in as one's ante or bet. [ME chippe. Related to CHAP, CHOP.]
—chip′per noun

(chip) v. i.
To cheep.
—noun A squeak or weak chirp, as of a bird or mouse. [Imit.]

(chip) noun
In wrestling, a leg movement to trip one's opponent. [Cf. ON kippa a pull, sudden motion]