The Rice University Neologisms Database

Jewish American Princess The first thing of note is that Jap has a homonym, which is a slur for Japanese people. That usage is not new and is a clipping. Jap, in this context, is an acronym for spoiled Jewish-American girls. It is a word often used by Jewish people, making it only a mild slur. For the rest of the populace, it, with the added pejoration, describes the wealthy and spoiled life of many a young Jewish American girl. However, the real reason the speaker used the word is less about the money and more about the perceived attitude Japs have. Japs, as a possible result of their regal treatment, think highly of their appearance, as some girls of status are wont to do. Jap and its negative connotation captures a denial of the girl’s good looks.