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90.
Once a derogatory term for Filipinos, the nascent Filipino first generation culture of the 1990's (often associated with the Filipino Pride or "AZN" movement in Orange County, San Diego, Los Angeles, and the Bay Area) reconciled a hybrid identity that was both American and Filipino by appropriating the term FLIP as one of pride and solidarity. Much like how the African American community appropriated the once derogatory term "nigger," into "my nigga," the term has become a way of subverting the dominant culture's use of language to label, suppress, and compartmentalize the minority. In many ways, the appropriation of a once derogatory term for the minority into one of pride and solidarity has become a way for the minority to create and assert their own identity in the face of a society that once actively sought to suppress that identity.
FLIP Pride, Proud to be a FLIP, FLIP beauty
by Dr. Fujita-Rony August 16, 2007
27 32
 
1.
one of filipino ancestry. can also stand for "fine looking island people/person."
dayum! did you SEE that flip!? she was fyyyyyyne!
by el em ay oh February 06, 2004
1569 788
 
2.
originally a deragatory termed used for filipinos by US soldiers. FLIP = fucking little island people.
if you were a true filipino, you won't kep referring to yourself as "flip". but instead, call yourselves pinoy/pinay or spell out filipino. be proud of your culture.

MABUHAY NG PILIPINAS!
by got_adobo? June 16, 2006
1063 630
 
3.

If you flip something you make a profit out of it.

Let's say you bought a 5-stick pack of gum for 25 cents and you sell every stick for 10 cents (giving you 50 cents) you just flipped the pack of gum.

I heard there was a show where people flip houses.
They buy some houses, fix them up then sell them for more than they paid.

So I guess you could flip anything, but when I hear someone say they flipped something I'm usually thinking about narcotics.
In the example, "pound" is probably a pound of chronic, cocaine, etc..
Should I shoot out of town and flip this pound? - Mack 10
by YounGotti April 17, 2007
528 151
 
4.
To go crazy, to go insane.
I was so mad, I thought I was going to flip.
by Light Joker September 19, 2004
729 366
 
5.
short 4 filipino/filipina person
i'm a fLiP
by aj April 27, 2004
718 496
 
6.
the shortened & rearranged term for filipino.

Flip - "Funny (or Fucking) Little (or Looking) Island People".

Our ancestors were named flips from the Americans as in insult. Just like how they called the african american's niggers. Remember when the whites were seperated from the blacks? it happened to the Filipinos too. They even tried banning the Filipino's from migrating to the US.
She's a Flip.

*remember what Flip really stands for and how hard it was for the Filipino ancestors that went through it all.
by redjoyy January 17, 2005
534 398
 
7.
To sell drugs
I just found a new connect. I got a half pound to flip by friday.
by Tree October 30, 2003
313 193