Sample Sentences & Example Usage. Maria Grazia Chiuri: It's not the famous postcard that you normally have of Rome, there's something more intimate, and that's the portrait we like. We also think couture is more intimate because there's a relationship between the client and the atelier. It's one of a kind and the best limited edition you could have.
pip (third-person singular simple present pips, present participle pipping, simple past and past participle pipped) 1  To get the better of; to defeat by a narrow margin He led throughout the race but was pipped at the post. 2  To hit with a gunshot The hunter managed to pip three ducks from his blind.
Updated August 23, 2017. The term 'pips is an acronym for percentage in point, although it's sometimes also called a price interest point. If that leaves you scratching your head, here's a better explanation that's a little less technical. Pips represent the smallest movement that a currency pair can make. This is typically equal to 1 basis point, but not always. About Forex Trading You can't understand pips until you understand Forex trading. Forex is shorthand for the foreign exchange market. Currencies must be exchanged to facilitate international trade and business, and this is the place where it happens.