"kips" in the noun sense
"roused him from his kip"
the basic unit of money in Laos
3. 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
"kips" in the verb sense
1. sleep, kip, slumber, log Z's, catch some Z's
Source: WordNet® (An amazing lexical database of English)
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