Syllable division and stress derived from spelling — this word is not in the pronouncing dictionary, so no phonetic transcription is shown rather than a guessed one.
flip-flop is a noun and verb meaning "a decision to reverse an earlier decision". It carries 5 recorded senses.
a decision to reverse an earlier decision
an electronic circuit that can assume either of two stable states
a backward somersault
reverse (a direction, attitude, or course of action)
Definitions, synonyms and semantic relations for flip-flop come from Princeton University’s WordNet. Commonness is measured against a corpus of everyday English. Full sources and licences.