From Wiktionary, the free dictionary
From its shape, resembling the fruit.
banana clip (plural banana clips)
- A girl's long, curved hairclip resembling two combs that mesh together.
- (firearms) A curved ammunition clip for the AK-47 assault rifle.
2006, Gideon Burrows, Kalashnikov AK47, page 45:It included 44 AK-47 rifles, and 260 large-capacity banana clips.