The term 'Flashing Light' can refer to a few different things. One of the most common is a strobe light, which is a device that emits flashes of light at regular intervals. It is often used in photography and entertainment. Another term for a flashing light is an INDICATOR, which is a device that signals a change in status or condition. Finally, a turn signal is a flashing light used on vehicles to indicate a change in direction. All three terms refer to a flashing light of some kind.