hip-pocket adjective 1verb 1hip pocket noun 2forms 4 adjective1 •Of a size suitable for putting into a hip pocket; of small size or scope. verb1 •(informal) Of a talent agent, to informally represent (an actor, screenwriter etc.) without signing a formal contract. hip pocket noun2 •A pocket found near of just behind the hip in a pair of trousers or a skirt. •(figurative) A person's assets; financial matters.It's not just the grey days. Already bruised by a steadily rising cost of living, we've been warned by the Treasurer to expect more hip-pocket pain as the price of food spikes because of the floods. — 2022 formship-pocketed · hip-pocketing · hip-pockets · hip pockets