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Flip is a degrading racial slur for people of Filipino descent. It was used way back in the day to mean "Fucking Little Island People" The one`s who use it are just so stupid that they don`t know they`re own culture`s history. So please get it straight.
FLIP is degrading to Filipinos, but most are being stupid and calling themselves that.
by alysserr June 27, 2005
The act of purchasing drugs (usually a larger quantity) and reselling the same amount for more money.
He's been flipping QPs every day.
by DROC July 31, 2005
another way of saying filipino.
a person from philippines.
native to mississauga, ON.
" you don't look cambodian, you a flip? "
by malibog.ako October 11, 2004
To pimp out, change or improve on - as said by the mentally stagnant Tim Westwood on Pimp My Ride UK:
We pimped a granny's ride,
we flipped a granny's bus.
by markyharry March 16, 2007
Lapit mga kaibigan at makinig kayo
Ako'y may dala-dalang, balita galing sa bayan ko
Nais kong ipamahagi ang mga kwento
Ang mga pangyayaring nagaganap
Sa lupang pinangako

if you kno wha this means, then your a flip...
wanna party? bring a flip to get tha party started!!
by Paul February 17, 2005
FLIP = Fucking Little Island People or Person.
FLIP : IS NOT short for filipino.
Flip is racial slur word invented by AMERICAN TROOPS stationed in the Philippines during the Philippine-American War.Some filipinos think "flip" is short for filipinos but they are ignorant to there past.
I hate these FLIPS!!!!
by baller23 September 09, 2005
An ignorant Filipino's way of saying they are Filipino. It actaully means "fucking litle island people/person."

Instead of saying flip, please say pinoy/pinay or Flilipino/Flilipina.
GangsterPinoi1231: Damn, you a whitewashed flip..
RealPinoy00: Damn, fool you hella stupid.. i hope our ancestors haunt you in your dreams...
by DamnRicers March 28, 2005