Interjection
(Britain, colloquial) Goodbye; cheerio, toodeloo (toodle-oo), toodle pip (mostly used by the upper classes).
(Britain, colloquial) A general greeting, mostly used by the upper classes.
Pip pip! What's going on here?
(Britain, colloquial) Used to create enthusiasm, mostly by the upper classes.
Pip pip! Let's get out there and knock the stuffing out of 'em!
pip-pip
(UK, informal, dated) goodbye
pip-pip