1858, "inclined to flop" [OED], from flop + -y (2). Floppy disc attested from 1972 (short form floppy by 1974).
floppy disks are noted for their relatively slow speed and small capacity and low price
a spaniel with floppy ears
floor
flooring
floozie
flop
flophouse
floppy
flora
floral
Florence
Florentine
florescence