1) A mode of calling to one passing by. Hip, Michael, your head's on fire; a piece of vulgar wit to a red haired man.
2) The hypochondriac: low spirits. He is hypped; he has got the blue devils, &c.
·vt To make melancholy. II. Hyp ·noun An abbreviation of hypochonaria; — usually in plural. ...
Webster's Dictionary of the English Language