kWIPS en · NOUN Meanings (abbreviation, alt-of, initialism, plural, plural-only) Initialism of kilo Whetstone instructions per second. alt of kilo Whetstone instructions per second A machine which executes 5,000 KWIPS is often called a 5 MIPS machine in the performance jargon, which represents millions of Whetstones, not thousands. 1994, John R. Newport, Avionic Systems Design, CRC Press, →ISBN, page 192: Forms SpellingFeaturesLabelsSource KWIPS alternative lexicographic