The term 'JUST BEAT' can be broken down into four words: NIP, EDGE, EDGED, and EDGEOUT. NIP is a 3-letter word meaning to pinch or bite gently. EDGE is a 4-letter word meaning the sharp side of a blade or the quality of being ahead of others. EDGED is a 5-letter word meaning having a sharp EDGE or border. EDGEOUT is a 7-letter word meaning to gain an advantage over someone else. Together, these words form the phrase 'just beat, ' which means to narrowly win or gain an advantage over someone else.