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There are 2 results of your search for snip1.
snip1
noun 1. a latch as for a door.
–verb 2. to latch. [variant of snib]
Contributor's comments: Never heard this term - grew up in Hobart, lived on North-West Coast for 10 years.
snip2
A chocolate or strawberry milk drink popular with kids and sold frozen or chilled in a cardboard tetrahedron. Originally sold in Adelaide by the AMSCOL company ('Adelaide Milk Supply Cooperative'): Can I have a chocolate Snip please?