What does PIP mean?
Peeing in pants
Other definitions of PIP:
- Places I've pooped
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How to use the term PIP:
I text people PIP location to let them know where I have pooped.
More slang terms:

TMNTM
That Means Nothing To Me

ISFLY
i so f**king love you

BF4L
Boyfriend for Life

OTFM
Open The Fucking Manual