The pink slip is confirmation from the motor vehicle inspector that your vehicle complies with current RTA registration rules and is therefore registerable. The RTA will require both a pink slip and a green slip in order to process your registration.

official notice that you have been fired from your job

a safety inspection report, issued by an AIS which proves a vehicle has passed the required roadworthiness standards

A pink slip is an American slang term that means the title of a vehicle. Often, street racers wager their pink slips on a race, which is to say that the winner keeps the losers vehicle. Most DMVs recommend that you do not drive with your pink slip in the glove box, just in case your vehicle is ever stolen.

A vehicle's title certificate.

get your pink slip to be dismissed from employment

An automobile's title certificate.

Pink slip refers to the practice, by a personnel department, of including a discharge notice (printed on pink paper) in an employee's pay envelope to notify the worker of his or her termination or lay-off. The term dates from 1915; originally the color of the paper had no particular significance.