Source : Webster's Revised Unabridged Dictionary (1913)

Chip \Chip\, n.
   1. A piece of wood, stone, or other substance, separated by
      an ax, chisel, or cutting instrument.

   2. A fragment or piece broken off; a small piece.

   3. Wood or Cuban palm leaf split into slips, or straw plaited
      in a special manner, for making hats or bonnets.

   4. Anything dried up, withered, or without flavor; -- used
      contemptuously.

   5. One of the counters used in poker and other games.

   6. (Naut.) The triangular piece of wood attached to the log
      line.

   {Buffalo chips}. See under {Buffalo}.

   {Chip ax}, a small ax for chipping timber into shape.

   {Chip bonnet}, {Chip hat}, a bonnet or a hat made of Chip.
      See {Chip}, n., 3.

   {A chip off the old block}, a child who resembles either of
      his parents. [Colloq.] --Milton.

   {Potato chips}, {Saratoga chips}, thin slices of raw potato
      fried crisp.