Meaning of “sip” in the English Dictionary

"sip" in American English

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sipverb [ T ]

us /sɪp/ -pp-

to drink a liquid slowly by taking in small amounts at a time:

He sipped the hot coffee.
noun [ C ] us /sɪp/

He took another sip of tea.

(Definition of “sip” from the Cambridge Academic Content Dictionary © Cambridge University Press)

"SIP" in Business English

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SIPnoun [ C ]

uk us

MANAGEMENT abbreviation for strategic inflection point

FINANCE, STOCK MARKET, HR abbreviation for stock incentive plan or share incentive plan

(Definition of “SIP” from the Cambridge Business English Dictionary © Cambridge University Press)