Real Dictionary

nip
If you nip somewhere, usually somewhere nearby, you go there quickly or for a short time.
verb: If an animal or person nips you, they bite you lightly or squeeze a piece of your skin between their finger and thumb.

Nip in American English
Japanese

nip in American English 1
to catch or squeeze between two surfaces, points, or edges; pinch or bite
intransitive verb: to leave stealthily; sneak away; flee
transitive verb: to squeeze or compress tightly between two surfaces or points; pinch; bite

nip in American English 2
a small drink of liquor; dram; sip
to drink (alcoholic liquor) in small sips, esp. repeatedly
to drink (liquor) in nips
noun: a small drink of alcoholic liquor; sip

Nip in British English
noun: a Japanese person

nip in British English 1
noun: the act of nipping; a pinch, snip, etc
verb: to catch or tightly compress, as between a finger and the thumb; pinch

nip in British English 2
noun: a small drink of spirits; dram
verb: to drink (spirits), esp habitually in small amounts

nip in British English 3
noun