yes, like in flipping a coin: flip side Function: noun Etymology: 1 flip (to turn over) 1 : reverse side ; specifically : the reverse and usually less popular side of a phonograph record 2 : OPPOSITE <survival is the flip side of profit, or getting rich -- Robert Lacville> ; especially : the reverse or opposite aspect or result <the flip side of deficient saving ... Gay> Merriam-Webster Dictionary, unabridged
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