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From Longman Dictionary of Contemporary English
Related topics: Colours & sounds
blipblip /blɪp/ noun [countable]  1 CTPEa short high electronic sound, or a flashing light on the screen of a piece of electronic equipment blips on a radar screen2 PAUSEa short pause or change in a process or activity, especially when the situation gets worse for a while before it improves again A government spokesman described the rise in inflation as a temporary blip.
Examples from the Corpus
blipConference-goers, though, brushed aside the news as a blip on the political radar screen.Perhaps the increase in inflation in recent months is merely a blip?A dozen flying machines and their pilots would be no more than a blip on a piece of magnetic tape.Some scholars say it will be regarded as only the slightest of blips on the radar screen of history.Except for the blip this month, unemployment has continued to fall this year.Most significant for Ipswich, though, is that they seem to have come out of their winter blip relatively unscathed.temporary blipThe tiny athlete believes her rare lapse in Tokyo was just a temporary blip in a career of major championship success.You will recognise them for no more or less than temporary blips on a radar screen of satisfaction.Again, we must focus on structural, ongoing deficits, rather than temporary blips that naturally accompany recessions.
From Longman Business Dictionaryblipblip /blɪp/ noun [countable] a change in which a situation gets worse for a short time, and then usually gets better again soon afterwardsThese are definitely not short-term investments and not for anyone who panics every time there is a blip in the stock market.
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