an unexpected, minor, and typically temporary deviation from a general trend

the Chancellor dismissed rising inflation as a blip

a very short high-pitched sound made by an electronic device

computer games can drive you crazy with their blips and bleeps

(of an electronic device) make a very short high-pitched sound or succession of sounds

big boxes of esoteric electronics hummed and blipped

open (the throttle of a motor vehicle) momentarily

he straddled the bike and blipped the throttle