Source : Webster's Revised Unabridged Dictionary (1913)

Clip \Clip\, n.
   1. (Mach.) A part, attachment, or appendage, for seizing,
      clasping, or holding, an object, as a cable, etc.

   2. (Angling) A gaff or hook for landing the fish, as in
      salmon fishing. [Scot. & Prov. Eng.]

   3. A rapid gait. ``A three-minute clip.'' --Kipling.

Clip \Clip\ (kl[i^]p), v. i.
   To move swiftly; -- usually with indefinite it.

         Straight flies as chek, and clips it down the wind.
                                                  --Dryden.

Clip \Clip\, n.
   1. An embrace. --Sir P. Sidney.

   2. A cutting; a shearing.

   3. The product of a single shearing of sheep; a season's crop
      of wool.

   4. A clasp or holder for letters, papers, etc.

   5. An embracing strap for holding parts together; the iron
      strap, with loop, at the ends of a whiffletree. --Knight.

   6. (Far.) A projecting flange on the upper edge of a
      horseshoe, turned up so as to embrace the lower part of
      the hoof; -- called also {toe clip} and {beak}. --Youatt.

   7. A blow or stroke with the hand; as, he hit him a clip.
      [Colloq. U. S.]

Clip \Clip\ (kl[i^]p), v. t. [imp. & p. p. {Clipped} (kl[i^]pt);
   p. pr. & vb. n. {Clipping}.] [OE. cluppen, clippen, to
   embrace, AS. clyran to embrace, clasp; cf. OHG. kluft tongs,
   shears, Icel, kl[=y]pa to pinch, squeeze, also OE. clippen to
   cut, shear, Dan. klippe to clip, cut, SW. & Icel. klippa.]
   1. To embrace, hence; to encompass.

            O . . . that Neptune's arms, who clippeth thee
            about, Would bear thee from the knowledge of
            thyself.                              --Shak.

   2. To cut off; as with shears or scissors; as, to clip the
      hair; to clip coin.

            Sentenced to have his ears clipped.   --Macaulay.

   3. To curtail; to cut short.

            All my reports go with the modest truth; No more nor
            clipped, but so.                      --Shak.

            In London they clip their words after one manner
            about the court, another in the city, and a third in
            the suburbs.                          --Swift.

Source : WordNet®

clip
     n 1: a metal frame or container holding cartridges; can be
          inserted into an automatic gun [syn: {cartridge holder},
           {cartridge clip}, {magazine}]
     2: an instance or single occasion for some event; "this time he
        succeeded"; "he called four times"; "he could do ten at a
        clip" [syn: {time}]
     3: any of various small fasteners used to hold loose articles
        together
     4: an article of jewelry that can be clipped onto a hat or
        dress
     5: the act of clipping or snipping [syn: {clipping}, {snip}]
     6: a sharp slanting blow; "he gave me a clip on the ear"
     [also: {clipping}, {clipped}]

clip
     v 1: sever or remove by pinching or snipping; "nip off the
          flowers" [syn: {nip}, {nip off}, {snip}, {snip off}]
     2: run at a moderately swift pace [syn: {trot}, {jog}]
     3: attach with a clip; "clip the papers together" [ant: {unclip}]
     4: cultivate, tend, and cut back the growth of; "dress the
        plants in the garden" [syn: {snip}, {crop}, {trim}, {lop},
         {dress}, {prune}, {cut back}]
     5: terminate or abbreviate before its intended or proper end or
        its full extent; "My speech was cut short"; "Personal
        freedom is curtailed in many countries" [syn: {curtail}, {cut
        short}]
     [also: {clipping}, {clipped}]

Source : Free On-Line Dictionary of Computing

CLiP
     
         A documentation extractor by Eric W. van
        Ammers that recognises a particular style of {comments}.  This
        style can be adjusted to suit virtually any programming
        language and target documentation language.  CLiP was designed
        to be compatible with {hypertext} systems.
     
        Version 2.1 runs on {MS-DOS}, {VAX}/{VMS} and {Unix}
     
        {(ftp://sun01.info.wau.nl/clip/)}.
     
        (1993-11-18)

CLIP
     
        1. {Compiler Language for Information Processing}.
     
        2. {Common LISP in Parallel}.