Meaning of the word toss-up in English

What does toss-up mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

toss-up

US /ˈtɑːs ʌp/
UK /ˈtɒs.ʌp/
"toss-up" picture

Noun

a situation in which either of two choices or results is equally possible and it is impossible to predict which will happen

Example:
It's a toss-up whether she'll get the job or not.
The election is a real toss-up between the two main candidates.