What is a Flip-Flop?

Can some on explain the concept of Flip-flop in Information Technology Basics?
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"A flip-flop is a bistable device, i.e. it has two states. Its output remains either high or low. The high state is 1 called SET and the low state is 0 called RESET. Source:"
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"A new impudent right lap is that will get a pair of suggests, normally referred to as on and off. You will find different kinds, with different advices. A sign with an input decides it is nation. One particular feedback can make that upon, yet another off of, whilst still being another 'flips' the idea: if it's thereon adjustments for you to down as well as or viceversa. It does not take foundation electronic numeration tour. "
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