quip
1. [ verb ] make jokes or quips
Synonyms: gag
Examples:

"The students were gagging during dinner"

Related terms: joke wisecrack
2. [ noun ] a witty saying
Synonyms: epigram
Related terms: saying gag
3. [ noun ] witty remark
Synonyms: sally crack wisecrack
Related terms: remark gag
Similar spelling:   quipu
  Quapaw
  Quaife