from the GNU version of the Collaborative International Dictionary of English
- n. A waistcoat or kind of stays for women.
from The Century Dictionary and Cyclopedia
- n. Same as jippo-coat.
Sorry, no etymologies found.
Presidential adviser and Minister of Communications & Information (MinCI) Andres Izarra (remember he was once a news director at RCTV and should know what NEWS is all about!) obviously thinks so for he has since very indignantly and bitterly chided the "opposition" media for NOT giving the presidential PR jippo as extensive coverage as state-owned (NOT PSUV-owned, although they might think it is!)
"Something more than a beating," the jippo replied, slowly, "-or I misread that one.