kip n 1: sleep; "roused him from his kip" 2: the basic unit of money in Laos 3: a gymnastic exercise performed starting from a position with the legs over the upper body and moving to an errect position by arching the back and swinging the legs out and down while forcing the chest upright [syn: {upstart}] [also: {kipping}, {kipped}] kip v : be asleep [syn: {sleep}, {slumber}, {log Z's}, {catch some Z's}] [ant: {wake}] [also: {kipping}, {kipped}] kipping See {kip}