chip (v.)

early 15c., "to break off in small pieces" (intransitive, of stone); from Old English forcippian "to pare away by cutting, cut off," verbal form of cipp "small piece of wood" (see chip (n.1)).

Transitive meaning "to cut up, cut or trim into small pieces, diminish by cutting away a little at a time" is from late 15c. Sense of "break off fragments" is 18c. Related: Chipped; chipping. To chip in "contribute" (1861) is American English, perhaps from card-playing; but compare chop in "interrupt by remarking" (1540s). Chipped beef attested from 1826.

chip (n.1)

Old English cipp "small piece (of wood, stone etc.) separated from a body by a blow from an instrument," perhaps from PIE root *keipo- "sharp post" (source also of Dutch kip "small strip of wood," Old High German kipfa "wagon pole," Old Norse keppr "stick," Latin cippus "post, stake, beam;" the Germanic words perhaps were borrowed from Latin).

Meaning "small disk or counter used in a game of chance" is first recorded 1840. Meaning "piece of dried dung" first attested 1846, American English. Electronics sense "thin, tiny square of semi-conducting material" is from 1962.

Used for thin slices of foodstuffs (originally fruit) since 1769; specific reference to potatoes (what Americans would call French fries) is found by 1859 (in "A Tale of Two Cities"). The fish-and-chips combination was being offered in London by 1860. Potato-chip is attested by 1854, but the context doesn't make it clear whether this is the British version (above) or the U.S. version, "very thin slice of potato fried until crisp" (the British crisp). The American potato-chip is said to have been invented 1853 in Saratoga, N.Y., and is described, more or less, by this name in a recipe book from 1858. OED notes they also were called Saratoga chips (by 1880).

Chip of the old block, familiar term for a child or adult who resembles a parent in some way is used by Milton (1642); earlier form was chip of the same block (1620s); more common modern form of the phrase with off in place of of is by early 20c. To have a chip on one's shoulder is 1830, American English, from the custom of a boy determined to fight putting a wood chip on his shoulder and defying another to knock it off. When the chips are down (1940s) is from the chips being down on the table after the final bets are made in a poker match. Chips as a familiar name for a carpenter is from 1785.

chip (n.2)

"break caused by chipping," 1889, from chip (v.).

Definitions of chip
chip (n.)
a small fragment of something broken off from the whole;
Synonyms: bit / flake / fleck / scrap
chip (n.)
a triangular wooden float attached to the end of a log line;
chip (n.)
a piece of dried bovine dung;
Synonyms: cow chip / cow dung / buffalo chip
chip (n.)
a thin crisp slice of potato fried in deep fat;
Synonyms: crisp / potato chip / Saratoga chip
chip (n.)
a mark left after a small piece has been chopped or broken off of something;
Synonyms: check
chip (n.)
a small disk-shaped counter used to represent money when gambling;
Synonyms: poker chip
chip (n.)
electronic equipment consisting of a small crystal of a silicon semiconductor fabricated to carry out a number of electronic functions in an integrated circuit;
Synonyms: microchip / micro chip / silicon chip / microprocessor chip
chip (n.)
(golf) a low running approach shot;
Synonyms: chip shot
chip (n.)
the act of chipping something;
Synonyms: chipping / splintering
chip (v.)
break off (a piece from a whole);
Her tooth chipped
Synonyms: chip off / come off / break away / break off
chip (v.)
cut a nick into;
Synonyms: nick
chip (v.)
play a chip shot;
chip (v.)
form by chipping;
They chipped their names in the stone
chip (v.)
break a small piece off from;
chip a tooth
chip the glass
Synonyms: knap / cut off / break off