Meaning of “pip” in the English Dictionary

"pip" in British English

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pipnoun

uk /pɪp/ us /pɪp/

pipverb [ T ]

uk /pɪp/ us /pɪp/ -pp- UK informal

to beat someone either by a very small amount or right at the end of a competition:

I got through to the final interview, but I was pipped at the post (= in the final stage) by a candidate with better qualifications.

(Definition of “pip” from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)