The Collaborative International Dictionary of English v.0.48:

Clip \Clip\ (kl[i^]p), v. t. [imp. & p. p. Clipped (kl[i^]pt);
   p. pr. & vb. n. Clipping.] [OE. cluppen, clippen, to
   embrace, AS. clyran to embrace, clasp; cf. OHG. kluft tongs,
   shears, Icel, kl[=y]pa to pinch, squeeze, also OE. clippen to
   cut, shear, Dan. klippe to clip, cut, SW. & Icel. klippa.]
   1. To embrace, hence; to encompass.
      [1913 Webster]

            O . . . that Neptune's arms, who clippeth thee
            about,
            Would bear thee from the knowledge of thyself.
                                                  --Shak.
      [1913 Webster]

   2. To cut off; as with shears or scissors; as, to clip the
      hair; to clip coin.
      [1913 Webster]

            Sentenced to have his ears clipped.   --Macaulay.
      [1913 Webster]

   3. To curtail; to cut short.
      [1913 Webster]

            All my reports go with the modest truth;
            No more nor clipped, but so.          --Shak.
      [1913 Webster]

            In London they clip their words after one manner
            about the court, another in the city, and a third in
            the suburbs.                          --Swift.
      [1913 Webster]

The Collaborative International Dictionary of English v.0.48:

clipped \clipped\ adj.
   1. trimmed with clippers; as, a clipped hedge.
      [WordNet 1.5]

   2. (music) staccato; -- contrasted with legato.

   Syn: short.
        [WordNet 1.5]

   3. effectively concise.

   Syn: brief, crisp, curt, laconic, short, terse, to the
        point(predicate).
        [WordNet 1.5]

WordNet (r) 3.0 (2006):

clipped
    adj 1: cut or trimmed by clipping; "a handsome man with a
           clipped moustache"; "clipped hedges"; "close-clipped
           lawns"; "a clipped poodle"
    2: (of speech) having quick short sounds; "a clipped upper-class
       accent"

Moby Thesaurus II by Grady Ward, 1.0:

58 Moby Thesaurus words for "clipped":
   Spartan, abbreviated, abridged, abstracted, aposiopestic, bobbed,
   brief, brusque, capsule, capsulized, close, compact, compendious,
   compressed, concise, condensed, contracted, crisp, cropped, curt,
   curtailed, cut, cut short, digested, docked, elided, elliptic,
   epigrammatic, gnomic, laconic, mowed, mown, nipped, pithy, pointed,
   pollard, polled, pruned, reaped, reserved, sententious, shaved,
   sheared, short, short and sweet, short-cut, shortened, snub,
   snubbed, succinct, summary, synopsized, taciturn, terse, tight,
   to the point, trimmed, truncated