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Alteration of earlier fillip, from Middle Englishfilippen(“to make a signal or sound with thumb and right forefinger, snap the fingers”), an attenuated variation of flappen(“to flap, clap, slap, strike”). Cognate with Dutchflappen(“to flap”), Germanflappen(“to flap”).
1851, Falconbridge, Dan. Marble: A Biographical Sketch, page 98:
[…] who looked at Dean a moment, crossed over the stage to him, raised himself on his toes, dashed his own hat firmly down to his ears, and every one on the stage supposed Dean was about to receive a flip on the ear or nose.
Justin Bieber and Zac Efron are among the celebrities who wore a flip.
(informal) The purchase of an asset (usually a house) which is then improved and sold quickly for profit.
2007, Rick Villani, Clay Davis, Gary Keller, Flip: How to Find, Fix, and Sell Houses for Profit, page viii:
What they bring to the table is hard-won brass-tacks knowledge from over fifteen years of personal investing as well as riding shotgun on over 1,000 flips with their clients.
1961, Sir Gerald Burrard, The gun. The cartridge, page 224:
In the case of rifles flip is counteracted by the sighting of the weapons, and it is because of flip that the sights cannot be set so that the line of sight is exactly parallel to the axis of the bore.
2015, Tara Dixon Engel, The Handgun Guide for Women, page 33:
A small, lightweight round, such as a .22 LR, generates very manageable recoil and muzzle flip (how much the nose of the gun flips up when you fire it).
2011 September 16, Ben Dirs, “Rugby World Cup 2011: New Zealand 83-7 Japan”, in BBC Sport:
However, the hosts hit back and hit back hard, first replacement hooker Andrew Hore sliding over, then Williams careering out of his own half and leaving several defenders for dead before flipping the ball to Nonu to finish off a scintillating move.
2023 November 15, Prof. Jim Wild, “This train was delayed because of bad weather in space”, in RAIL, number 996, page 31:
Crucially, our research suggests that space weather is able to flip a signal in either direction, turning a red signal green or a green signal red. The former is obviously much more significant from a safety perspective.
They're talkin' bout the night Santa went crazy The night St. Nicholas flipped Broke his back for some milk and cookies Sounds to me like he was tired of gettin' gypped
Those companies have been flipping houses in the real estate market for years.
2010, Don Thompson, The $12 Million Stuffed Shark, Aurum Press Limited, →ISBN:
After the formal part of dealer interviews, often later over a glass of wine, tales would be told of how the dealer does cope with pricing decisions, how other dealers are thought to set prices, and the pricing problems that result when evil collectors flip new paintings at auction.
2018 November 30, “Bits” (track 10), in Original Sounds, performed by Bru-C and Window Kid:
Quick cash, flip that, now I got big cash. Sit back, sip yak with a next piff yat.
2021 March 11, Scott Reyburn, “JPG File Sells for $69 Million, as ‘NFT Mania’ Gathers Pace”, in The New York Times, →ISSN:
Typically, the art world disdains “flipping” — when a collector buys a work and then immediately resells it at a profit.
e had provided vast quantities of strong beer, flip, rumbo, and burnt brandy, with plenty of Barbadoes water for the ladies […].
1808–10, William Hickey, Memoirs of a Georgian Rake, Folio Society 1995, p. 21:
I frequently took of large potations, though not of champagne certainly, but port, strong ales, and punch, and when our funds were low as sometimes happened, hot flip.