firework consisting of a tube filled with powder (as a broken firecracker) that burns with a fizzing noise
source: WordNet 3.0
A little pipe, or hollow cylinder of paper, filled with powder or combustible matter, to be thrown into the air while burning, so as to burst there with a crack.
source: Webster 1913
verb
To throw squibs; to utter sarcastic or severe reflections; to contend in petty dispute; as, to squib a little debate.
