kip kip /ˈkɪp/

noun

1. A gymnastic exercise performed starting from a position with the legs over the upper body and moving to an erect position by arching the back and swinging the legs out and down while forcing the chest upright  ( kip , upstart )
   a gymnastic exercise performed starting from a position with the legs over the upper body and moving to an erect position by arching the back and swinging the legs out and down while forcing the chest upright
   
2. The basic unit of money in Laos  ( kip )
   the basic unit of money in Laos
    Street food in Laos is quite affordable in kips.
   Street food in Laos is quite affordable in kips.
   
   
3. Sleep  ( kip )
   sleep
    Roused him from his kip
   roused him from his kip
   

verb

1. Be asleep  ( catch some Z's [Informal, N. American] , kip , log Z's , sleep , slumber )
   be asleep
     She had trouble falling asleep due to the noise outside.
   She had trouble falling asleep due to the noise outside.