the chip

Chips is Chips: a statement that can be used in many scenarios to more or less declare that "it is what it is", or "live and let go". Almost always this saying is used to eleviate the intensity of a conversation, conflict, or dilemma at hand. It helps us single out the petty worries of day to day living.



chip in
To contribute. Usually in reference to money, but can refer to anything (e.g. drugs).
Example:
1. "If we each chip in a tenner, we'll have enough money to rent a car!"

2. "If we each chip in a little bit of weed, we'll be able to roll a huge blunt."


Chipping
One who uses heroin only on the weekends, chipping is the act of recreational heroin use. This term was widely used in the 1960s and 1970s and applies only to the use of Heroin. One who chips is known as a chipper.
Example:
I can't wait for Friday night, we're going to be chipping all weekend long.


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