: The term may refer to a "Zip" (zero-insertion-force) style connector or a grabber hook used in circuit testing.
Understanding the POM Zip 002: From Fashion Tech Packs to Electronic Components POM Zip 002
Another likely origin is Pomona Electronics , a leading manufacturer of test and measurement accessories. They utilize a numerical suffix system where specifically denotes the color Red in their catalog. : The term may refer to a "Zip"