Definition of "Nip" :
noun: a small sharp bite or snip
noun: a tart spicy quality
noun: the property of being moderately cold
noun: the taste experience when a savoury condiment is taken into the mouth
noun: (offensive slang) offensive term for a person of Japanese descent
noun: a small drink of liquor
verb: give a small sharp bite to
"The Queen's corgis always nip at her staff's ankles."
verb: sever or remove by pinching or snipping
"Nip off the flowers."
verb: squeeze tightly between the fingers