—v.t. 1. to toss or put in motion with a sudden impulse, as with a snap of a finger and thumb, esp. so as to cause to turn over in the air: to flip a coin. 2. to move (something) suddenly or jerkily.
3. to turn over, esp. with a short rapid gesture: to flip pancakes with a spatula. 4. Slang.to make (someone) insane, irrational, angry, or highly excited (usually fol. by out).
5. Finance.to resell, esp. quickly, or to refinance, as a mortgage loan.
—v.i. 1. to make a flicking movement; strike at something smartly or sharply; snap.
2. to move oneself with or as if with flippers: The seals flipped along the beach. 3. to move with a jerk or jerks.
4. to turn over or perform a somersault in the air.
5. Slang. a. to react to something in an excited, astonished, or delighted manner: He really flipped over his new girlfriend. b. to become insane, irrational, angry, or highly excited (often fol. by out).
6. flip one's lid or wig,Slang.See lid (def. 8).
—n. 1. an instance of flipping; a smart tap or strike.
2. a sudden jerk.
3. a somersault, esp. one performed in the air: a back flip off the diving board. 4. Cards.a variety of seven-card stud in which each player receives the first four cards facedown and selects two of them to expose before receiving the next card.
5. Slang.See flip side.
Pronunciation: (flip),[key] —n. 1. a mixed drink made with liquor or wine, sugar, and egg, topped with powdered nutmeg and served hot or cold.
2. a drink, popular esp. in the 18th century, made with beer or ale mixed with rum or other liquor, sweetened and served hot.