adj. (no comparative or superlative) having had the engine management system upgraded, usually to increase power
v. Simple past tense and past participle of chip.
the GNU version of the Collaborative International Dictionary of English
adj. having a small piece broken off.
The Century Dictionary and Cyclopedia
Having small pieces or flakes broken off; made by a process of chipping: said of stone implements made of flint, jasper, obsidian, and other brittle Stones.
Word Usage
"Kenyon Martin chipped in 18 points and Smith had 17."