A review of published work on the physics and modelling of flashing flows is presented. The term "flashing" refers to a familiar phase change phenomenon initiated by pressure drop. It has gained a great deal of attention due to various industrial safety concerns. Nevertheless, knowledge about the involved physical processes such as formation and growth of bubbles in superheated liquid, and information for appropriate modelling in practical systems is still far from sufficiency. The present work is aimed to provide a brief but comprehensive overview of available theoretical models for these sub-phenomena as well as general modelling frameworks. This kind of review is necessary and helpful for further understanding and investigation of flashing flows in more detail. (C) 2017 Elsevier Ltd. All rights reserved.