What is the meaning of the word that sounds like “pipets”. I guess it’s an interjection, but I wonder if it’s positive or negative and how it is exactly translated.
Thx

yes, it is an interjection which can be both positive and negative depending on the situation. its literal translation has to do with female genitals. but in this version (pipets) the word doesn’t sound as a swearing.

“Пипец” is a euphemism replacing “пиздец”, sometimes shortened to “ппц”.

“Пиздец” IS A VERY RUDE AND NASTY WORD so I strongly recommend you NOT to use it in THIS clear variation. Anyway the word has the following meaning: Fiasco, the end of it all, something neat. The meaning can be heavily altered by the context.

Маша - 15 July 2011 06:16 PM

“Пиздец” IS A VERY RUDE AND NASTY WORD so I strongly recommend you NOT to use it in THIS clear variation.

So which word may I use then???

You may as well use the euphemistic variants:
“Пипец”, “Капец”, “Трындец”