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Old Jun 17, 2005 | 12:03 pm
  #39  
Y_me?
 
Join Date: Nov 2002
Location: Novum Caput Mundi
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Originally Posted by grbflyer
tip(s) is an acronym. To Insure Proper Service.
Most etymologists have dismissed this theory.

William and Mary Morris posit that tip is a corruption of stipend (from the Latin stips, meaning "gift").

Here's the majority opinion, which concurs with the OED's etymology.
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