"blip" in the noun sense
a sudden minor shock or meaningless interruption
"the market had one bad blip today"
"you can't react to the day-to-day blips"
"renewed jitters in the wake of a blip in retail sales"
2. blip, pip, radar target
a radar echo displayed so as to show the position of a reflecting surface
Source: WordNet® (An amazing lexical database of English)
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