It's a feeling, so not easily rationalizable... I wonder if it has anything to do with being "Gypped" (), but for me even outside of that connotation, the word evokes negative feeling.

() Interestingly, I too have for the first time looked up the etymology and feel uncomfortable; I think because I've only ever heard it before, and assumed it was spelled differently like "Jipped" or something https://www.npr.org/sections/codeswitch/2013/12/30/242429836...