"move rapidly," 1852, of echoic origin. Meaning "close with a zipper" is from 1932. Related: Zipped; zipping.
zip (v.2)
"to close or fasten by means of a zipper," 1932, back-formation from zipper (n.). Related: Zipped; zipping; zipless.
ZIP (adj.)
1963, in U.S. postal ZIP code, an acronym for Zone Improvement Plan, no doubt chosen with conscious echo of zip (v.1). Alternative post code is attested by 1967 in Australia.
zip (n.1)
"sound of something moving rapidly," 1875, imitative. Zip gun "homemade pistol" is attested by 1950.
zip (n.2)
"zero," 1900, student slang for a grade of zero on a test, etc.; of unknown origin; compare zilch.
he's full of zip
The runner zipped past us at breakneck speed
zinger
zinnia
Zion
Zionism
Zionist
ZIP
zip
zipper
Zippo
zippy
zircon