Acronyms, Abbreviations, and Initialisms.
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The meaning of the Acronym LIP is...

LIP is

A Learner Information Package
Life In Performance
Little Indian Princess
Language Interface Pack
Language Information Pack
Lubbock Internet Presence
Luck Information And Power
Loop Initialization Process

More Meanings For LIP:

Loop Initialization Primitive
Large Igneous Province
A Learner Information Package
Life In Performance
Little Indian Princess
Language Interface Pack
Language Information Pack
Lubbock Internet Presence
Luck Information And Power
Loop Initialization Process
Lateral Interpositus Nucleus
Lymphocytic Interstitial Pneumonia
Limited Implementation Program
Life In Perspective
Level Information Project

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