clip vs nip

clip and nip both are nouns.

Word	Noun	Adjective	Verb	Adverb
clip	Yes	No	Yes	No
nip	Yes	No	Yes	No

As nouns, nip is a hyponym of clip; that is, nip is a word with a more specific, narrower meaning than clip:

Other hyponyms of clip include pinch.

As verbs, clip and nip are synonyms defined as:

Other synonyms of clip include nip off, snip, snip off.

clip (noun)	nip (noun)
the act of clipping or snipping	a small sharp bite or snip
a sharp slanting blow	a tart spicy quality
a metal frame or container holding cartridges; can be inserted into an automatic gun	the property of being moderately cold
any of various small fasteners used to hold loose articles together	the taste experience when a savoury condiment is taken into the mouth
an article of jewelry that can be clipped onto a hat or dress	a small drink of liquor
an instance or single occasion for some event

clip (verb)	nip (verb)
terminate or abbreviate before its intended or proper end or its full extent	squeeze tightly between the fingers
attach with a clip	sever or remove by pinching or snipping
sever or remove by pinching or snipping	give a small sharp bite to
cultivate, tend, and cut back the growth of
run at a moderately swift pace