Haha, ok, if you say so.
I always translated that word into "Goofles", whatever on earth that was. I just figured it was some name for a "breed" of characters that were created just for the movie. Never thought much about it. But ah, I was wrong. It's "Goobles", whatever on earth that is.
Whenever I hear (or read) Kip Snip's name, I can't help but continue in my head "...is his name. Producin' is his game. He promised me fortune and fame but now I can't go home and he's to blame. Hey!"