What is Ipsy?
1.
Acronym for the phrase "I'll pimp slap you." Most commonly used online and in text messages. Often a reaction to something dumb, unrealistic or crazy. Despite it's aggressive tone, this phrase has a friendly tone when used among people familiar with each other.
Maria: "So he liked antique shopping, I didn't think he was gay!"
Jose: "Are you kidding me? IPSY!"
Jose: "I've got hoes in different area codes!"
Maria: "Different area codes? How many?"
Jose: "Four!"
Maria: "IPSY!"
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