From The Collaborative International Dictionary of English v.0.48:
Quip \Quip\, v. t. [imp. & p. p. Quipped; p. pr. & vb. n.
Quipping.]
To taunt; to treat with quips.
[1913 Webster]
The more he laughs, and does her closely quip.
--Spenser.
[1913 Webster]
From The Collaborative International Dictionary of English v.0.48:
Quip \Quip\, v. i.
To scoff; to use taunts. --Sir H. Sidney.
[1913 Webster]
From The Collaborative International Dictionary of English v.0.48:
Quip \Quip\ (kw[i^]p), n. [Cf. W. chwip a quick flirt or turn,
chwipio to whip, to move briskly, and E. whip. Cf. Quib,
Quibble.]
1. A smart, sarcastic turn or jest; a taunt; a severe retort;
a gibe.
[1913 Webster]
Quips, and cranks, and wanton wiles. --Milton.
[1913 Webster]
He was full of joke and jest,
But all his merry quips are o'er. --Tennyson.
[1913 Webster]
2. A short humorous or witty comment or observation, usually
spontaneously formed in response to a prior comment.
[PJC]