Male) To spread your legs in such a manner that you essentially "air out" your balls or "kids"
Female) To spread your arms so that you can air out your boobs
"Why are your legs spread so far?"
"Ahhh, just airing out the kids"
Leaving your underwear off while you sleep. AKA, giving the vajayjay a breather.
I'm going to air out the pocketbook tonight. I ran 10 miles today, the cooter's a bit sweaty.
When you think you have to take a shit, only to sit on the toilet and just fart, without actually shitting.
"Dude, I totally thought I had to take a shit, but I only ended up letting air out of the tire."
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Adjusting the A/C in your car to point at your vagina, airing it out
When I drive my truck, I'm always airing out my jello when its hot.
When a hooker walks around with no underwear.
Dave: "Yo, that hoe smelled like fish when I asked her how much."
Jim: "She was probably just airing out the money maker".
(v). To fart subtly, and slowly. Usually it is a fart that is restrained to the point where all you can here is a wisp or a faint hissing noise for a few seconds. This fart is not a ripper, or a fanny flapper. It's a breezy one, that can take on the harshest stench depending on what one ate beforehand.
Honestly, Jack, what are you doing behind that window drape?
Shhh! I'm letting the air out of the tires. Damn onions.
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When you live in Texas and the air-conditioner in your high school stops working. Often results in half of the students ditching class.
Logan! Call your parents. School is air-conditioned out!