FliP

Flip is a versatile term used as a verb and a noun with several related but distinct meanings across everyday language, sports, computing, and commerce.

General use: to flip means to turn over or rotate an object around an axis, often quickly. Examples include flipping a pancake in a pan, flipping a card, or flipping a switch to change a circuit.

Coin flip: A coin flip, or coin toss, is a probabilistic procedure in which a coin is tossed into the air and allowed to land; the outcome is typically heads or tails. In ideal conditions, each side has probability 1/2. Real-world bias can occur due to coin shape, friction, or flip technique.

Gymnastics/acrobatics: In performance, a flip is a somersault performed in the air, such as a front flip, backflip, or gainer. Flips require takeoff momentum, body control, and landing precision; improper execution can cause injury and typically takes training.

Computing and digital terminology: A bit flip is a change in a binary digit from 0 to 1 or from 1 to 0, often due to errors, noise, or deliberate algorithms. Flip-flop circuits are memory elements that store a bit, and the logical NOT operation is sometimes described as a flip because it inverts a value.

Commerce and real estate: In trading and real estate, to flip means to buy an asset and sell it quickly for a profit, often after minor renovations or improvements. House flipping became popular in some markets but carries financial risk and transaction costs.