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When a professional (especially a lawyer), rather than looking for a job, just goes and finds clients. This takes guts and a willingness to work constantly for precious little money in exchange for autonomy.
Law student 1: Hey, you made top 10%. I bet you could get that $160,000 opening at Rob, Ewe, and Howe!
Law student 2: Fuck those guys. I don't want to kiss ass for the next 20 years. I'm hanging out my shingle.
The sadness that is felt after you hang out with your friends and you come home alone and bored.
(Kid comes into the house looking sad after hanging out with his friends)
Mom: whats wrong?
Kid: Post hang out depression
Where people that have the desire to keep there pants on, but hang there dicks out of their pants, like to hang out.
Stiffler: "I just want to hang out with my wang out, I just want to rock out with my cock out."
Hey, I heard there's gonna be a big wang out hang out in Jess and Jen's room tonight.
To relax, to chill. Basically describes how your a male's testicles hang when they are wearing nothing or loose fitting more confortable clothes.
Person 1 "What are you going to do after work?"
Person 2 "I'm just going to let my nuts hang. It’s been a busy day."
"I've been at work for almost 12 hours, time to go home and let my nuts hang."
A sign indicating that the occupants of the room on the other side of the door are engaged in sexual activity.
Necktie hanging from a doorknob
(Older student): just to make sure, you do know what it means if you see a necktie hanging from the doorknob right?
(Younger student) Yep , it means sit quiet and wait ten minutes or so for you to finish.
To get into a relationship and off the market
Yeah I met this girl man I think it’s time for me to hang my jersey up
Going to the swamp, and "surfing" on a gator with your toes hanging near the gator's mouth.
Bob: Hey, buddy! How was your weekend?
Buddy: Oh, you know. Just hanging ten on a southern surfboard.
Bob: Damn. How many toes did you lose?
Buddy: surprisingly, only 2. Garry Gator is getting used to me.