[1] : The Collaborative International Dictionary of English v.0.48

chip \chip\, n.
   1. a piece of wood, stone, or other substance, separated by
      an ax, chisel, or cutting instrument.
      1913 webster

   2. a fragment or piece broken off; a small piece.
      1913 webster

   3. wood or cuban palm leaf split into slips, or straw plaited
      in a special manner, for making hats or bonnets.
      1913 webster

   4. anything dried up, withered, or without flavor; -- used
      contemptuously.
      1913 webster

   5. one of the counters used in poker and other games.
      1913 webster

   6. naut. the triangular piece of wood attached to the log
      line.
      1913 webster

   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.
      1913 webster
see also:
buffalo chips buffalo chip ax chip bonnet chip hat chip 
a chip off the old block potato chips saratoga chips 

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