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1. To bail out of something at the last minute

2. To break a contract, verbal or written

3. To lie about a previously made agreement
Miguel: Hey uhh I'll met you up at 7 pm at the walmart cool?
You: yeah sure NP

-7pm-

you: ....

-8pm-
you: .....

-9pm-

you: zzzz
Miguel: oh uhh yeah i cant make it
you: you flaking asshole
flaking by TIm January 7, 2007
Rhegan when she supposed to hang out and watch a movie but then claims she is “sick”
“So I’m sick and i don’t want to get you sick
-flaking
Flaking is another word for lieing or waffling
usually used for younger people from 10-25.
" yo James I won £5,000 on the lottery"
"no you didn't why you flaking"
Flaking by A1 on dis March 6, 2020
A portmanteau of Fake Flirting

Used when neither party wants to acknowledge that you're flirting with each other, but you both know that you are
Guy 1: "Bro you two were acting really weird towards each other last night"
Guy 2: "Nah dude, we were flaking"
Flaking by Deputy_Cowdangle January 11, 2020

Flaking out 

The act of blowing off a friend or acquaintance, When someone creates a believable scenario of intentions to meet up and fails to, or purposely declines to show up, Standing someone up, or the means of severing a social connection like a friendship.
Person1: gee, hav'nt heard from dexter in like two weeks... think he's dead?
Person2: Not sure, he always flakes out on you unless you agree to meet up on his terms.

Person1: hey man, wanna go get schwasted tonight?
Person2: yeah, I was supposed to meet up with that creepy guy later, but i'll just be flaking out on him, now won't I?
Flaking out by theNEWROMANTIMES February 7, 2010

Flaking Out 

When one can no longer participate in the social activities of his or her peers, and willingly removes themselves from the group activity or forfeits the activity without an amicable agreement.
Going out for a drinking session with friends and 'Roy' Flakes Out, by opting to stop drinking and go home early. This person would then be referred to as: Flaking out, Flaker, Corny, Flaked Out, Flakey.
Flaking Out by urbangenerator222 February 24, 2013