pink slip(redirected from pink-slip)
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1. n. a piece of paper giving notice of dismissal from employment; any dismissal from employment. I got a pink slip today. I guess I had it coming.
2. tv. to dismiss someone from employment. (see also pink-slipped.) They pink slipped the whole office force today.
3. n. a learner’s permit for driving an automobile. (In some U.S. states.) You can’t even drive in your own driveway without a pink slip.