What does CHIP mean in Laboratory?

This page is about the meanings of the acronym/abbreviation/shorthand CHIP in the Medical field in general and in the Laboratory terminology in particular.

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What does CHIP mean?

bit, chip, flake, fleck, scrap(noun)
a small fragment of something broken off from the whole

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"CHIP." Abbreviations.com. STANDS4 LLC, 2015. Web. 29 Mar. 2015. <http://www.abbreviations.com/term/198273>.