What is stips?

As an AI language model, I am not sure if you mean "stips" or "strips," so I will provide both explanations.

Stips:

I could not find any reliable sources or information about the term "stips." It could be a misspelling or a word specific to a certain field or industry.

Strips:

In finance, strips refer to zero-coupon bonds, which are bonds that do not pay regular interest payments but are sold at a discount and pay the full face value at maturity. The acronym stands for Separate Trading of Registered Interest and Principal of Securities (STRIPS). Strips are often used by investors seeking a predictable, risk-free cash flow over a set period without the fluctuations of the bond market.

In the medical field, a strip can refer to a long, narrow piece of fabric, paper, or plastic used for testing or diagnosis, such as an ECG strip to monitor heart activity.

In comics, a strip is a sequence of comic panels that tells a story or joke in a horizontal or vertical format. Newspaper comics are often presented in strip format.