Nips rhymes with:
snips, blips, chip's, chipps, chips, clips, cripps, crips, dips, dripps, drips, eclipse, ellipse, equips, fipps, flips, grips, hipps, hips, kippes, lipps, lips, lips', microchips, mips, outstrips, phipps, pips, quips, rips, scripp's, scripps, ship's, shipp's, shipps, ships, ships', sips, skips, slips, snips, strip's, strips, thrips, tipps, tips, trip's, tripp's, trips, whipps, whips, zips
Nips sounds like:
nabisco, nabisco's, nabobs, nafco, namibia's, napco, naps, navajo, navajos, navas, navickas, navies, navis, navy's, neaves, nephew's, nephews, neves, nevis, nevius, nibs, nieves, nimbus, nipsco, nobec, nobec's, nobis, nobuaki, nobuyuki, noffke, nova's, novacek, novack, novak, novak's, novakowski, novas, novice, novices, novick, novicki, novo's, nymphs