___ out (totally lose it) (4)

I believe the answer is:

flip

(Other definitions for flip that I've seen before include "Toss or flick in the air" , "Turn quickly over; sort of chart" , "Somersault - glib - hot drink" , "Flick or toss, say coin" , "Toss - flick - turn over" .)

I've seen this clue in the USA Today.

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