Source : Webster's Revised Unabridged Dictionary (1913)

Gip \Gip\, v. t.
   To take out the entrails of (herrings).

Gip \Gip\, n.
   A servant. See {Gyp}. --Sir W. Scott.

Source : Free On-Line Dictionary of Computing

GIP
     
        1. General Interpretive Programme.
     
        A 1956 interpreted language for the {English Electric}
        {DEUCE}, with {array} operations and an extensive library of
        numerical methods.
     
        ["Interpretive and Brick Schemes, with Special Reference to
        Matrix Operations", English Electric COmpany, DEUCE News
        No. 10 (1956)].
     
        (1994-11-02)
     
        2. An erroneous singular of {GIPS}.