A revamp of the word phat carrying the same definition (see also cool, rad, and dope) without using a lame word such as phat in front of other people.
Billy jumped off the building and broke both of his legs at the shin. Billy's screams of pain were blanketed by his friend, Tommy's overwhelmingly excited cheer, "LIPID!"
By Charmane
Lipid
An unculterd swine that does not know what any thing means and laughs at almost any thing.
What happens when one person eats over 200% of their Daily Recommended Value of saturated fat. Also can be used to describe imminent failure, or fucking up bad.
Casey was shitting lipids after eating an entire pint of Haagen Dazs.
"I'm just shitting lipids over that DSP exam," proclaimed Casey, as he knew that his grades would plummet him into disaster.
That shit was titty lipids!
My titty lipids are gonna be huge after this feast!
Her mom's titty lipids mood ruined her online fun!
What the titty lipids?!