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What does IP stand for?

IP stands for Indicator Panel

This definition appears frequently

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We have 112 other meanings of IP in our Acronym Attic

Samples in periodicals archive:

Panasonic offers a safe and durable, state-of-the-art approach to toasting, with a cool-touch application and the use of stainless steel to promote excellent thermal protection and an illuminating browning control indicator panel.
The long-life rechargeable battery pack is stored under the cart but includes a readily visible battery indicator panel located near the cart top.
Lit by six different colored LEDs that are filtered through light pipe fittings attached to the speedometer, tachometer and vehicle operation indicator panel, the cluster allows operators to change colors to suit their moods.