noun

• (games, gambling) A token used in place of cash.
  "If the second player does raise three chips, and all the other players drop, the player who opened may stay in by putting three more chips in the pot, for then he will have put in precisely as many chips as the second player."
• (slang, dated) A sovereign (the coin).
• (electronics) A circuit fabricated in one piece on a small, thin substrate; a microchip.
  "1986 September 1, Tom Moran, Lisa L. Spiegelman, New Chip Said to Contain Seven PC AT Chip Functions, InfoWorld, page 5, But sources close to the company said the chip contains two direct memory access controllers, two interrupt controllers, a timer, a memory mapper from Texas Instruments, and a Motorola Inc. real-time clock."
• (electronics) A hybrid device mounted in a substrate, containing electronic circuitry and miniaturised mechanical, chemical or biochemical devices.
  "2002, Koji Ikuta, Atsushi Takahashi, Kota Ikeda, Shoji Maruo, User-Assembly Fully Integrated Micro Chemical Laboratory Using Biochemical IC Chips for Wearable/Implantable Applications, Yoshinobu Baba, Shuichi Shoji, Albert van den Berg (editors), Micro Total Analysis Systems 2002: Proceedings of the μTAS 2002 Symposium, Volume 1, page 38, Fig. 4(a) shows a schematic design of the micropump chip."

verb

• (transitive) To chop or cut into small pieces.
  "The workers chipped the dead branches into mulch."
• (transitive) To break small pieces from.
  "Be careful not to chip the paint."
• (intransitive) To become chipped.
  "This varnish chips easily."
• (transitive, dialectal) To chisel (something), to chisel on (something).
  "The fitter was chipping and filing a workpiece clamped in his vise."

verb

• (UK, slang, intransitive) To leave.
  "‘Lloyd, I’m gonna chip.’ ‘You just got here!’ ‘I know–but I gotta chip. Got shit to do.’"

name

• (medicine) Acronym of clonal hematopoiesis of indeterminate potential.