Chip Damage
Damage inflicted on a blocking opponent
Example
I can't believe he beat his opponent just by inflicting chip damage
Chip damage definition by Slang.net
This page explains what the slang term "Chip damage" means. The definition, example, and related terms listed above have been written and compiled by the Slang.net team.
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Chip damage is a video game term that refers to the small amount of damage delivered to a player who is blocking an opponent's special move. It plays off the idea of slowly chipping away at an object to break it apart.
Chip damage most commonly occurs in fighting games such as Street Fighter and Mortal Kombat. A player may be able to KO an opponent through chip damage but that is considered by most gamers to be lame since it's boring and not a good display of skill.