Profile tip (compressor blade tip)
The tip of an axial-flow compressor bladed whose thickness is reduced to give it a higher resonant frequency so it will not be subject to the vibrations that would affect a blade with a squared tip. The profile tip also provides a more aerodynamically efficient shape for the high velocity air that is moved by the blade. Profile tips often touch the housing and make a squealing noise as the engine is shut down. For this reason profile tips are often called squealer tips.
Aviation Maintenance Technician Handbook — Powerplant, p. G-21