The difference between Gip and Gypsy

When used as nouns, gip means a servant, whereas gypsy means a member of the romani people.

When used as verbs, gip means to take out the entrails of (herrings), whereas gypsy means to roam around the country like a gypsy.

Gypsy is also adjective with the meaning: of or belonging to the romani people.

check bellow for the other definitions of Gip and Gypsy

Gypsy as a noun (sometimes, offensive):

a member of the Romani people.
Gypsy as a noun (colloquial):

An itinerant person or any person, not necessarily Romani; a tinker, a traveller or a carny.
Gypsy as a noun (sometimes, offensive):

A move in contra dancing in which two dancers walk in a circle around each other while maintaining eye contact (but not touching as in a swing). , , and , in which this step precedes a swing.}}
Gypsy as a noun (dated):

A person with a dark complexion.
Gypsy as a noun (dated):

A sly, roguish woman.

Gypsy as an adjective:

of or belonging to the Romani people.
Gypsy as an adjective (offensive):

Of or having the qualities of an itinerant person or group with qualities traditionally ascribed to Romani people; making a living from dishonest practices or theft etc.

Examples:

"If anyone questions them, they'll [[fold up]] faster than a gypsy roofing [[company]]."

Gypsy as a verb (intransitive):

To roam around the country like a gypsy.
Gypsy as a verb:

To perform the gypsy step in contra dancing.