Quip can refer to a clever, usually taunting remark, or to a witty or funny observation or response usually made on the spur of the moment.

// They traded quips over a beer and laughed themselves silly.

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"He's always got a story, is always ready with a quip and isn't afraid to let the four-letter words roll off the tongue in the most creative ways." — Nathan Brown, The Indianapolis Star, 26 Apr. 2023

To tweak a well-known line from Hamlet, brevity is the soul of quip. While jokes are often brief stories with setups followed by surprising and funny endings (chickens crossing roads, elephant footprints in the butter, etc.) quips are even briefer, and not so planned or scripted. They are more likely to arise naturally in conversation when someone is especially quick-witted, firing off zingers, retorts, or—if you want to get extra fancy about it—bon mots. Brevity also plays a role in quip's etymology: quip is a shortening of quippy, a now-obsolete noun of the same meaning. Quippy's origins are uncertain, but they may lie in the Latin word quippe, meaning "indeed" or "to be sure," which was often used ironically. Quip entered English as a noun in the 1500s, but was verbified within decades; the verb quip means "to make quips" or "to jest or jibe at."