Definition of flip side Flip side

We found 3 definitions of flip side from 2 different sources.

What does flip side mean?

Noun
flip side - a different aspect of something (especially the opposite aspect); "the flip side of your positive qualities sometimes get out of control"; "on the flip side of partnerships he talked about their competition"
		oppositeness, opposition a body of people united in opposing something

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flip side (Noun)
The B-side of a phonograph record that carried a less popular recording.
flip side (Noun)
The converse; opposite, usually negative, inherent aspects or consequences of something.