To rapidly and brazenly expose one's male genitalia. Often follows a command from another to "whip it out".
I got kicked out of school for whipping it out in the middle of a physics lecture.
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to beat someone and publicly humiliate them. Usually in the form of a mild threat.
John- 'Our team is gonna whip out on your team'
Ben- 'Whatever bitch.'
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Immediate cash payment of a lost wager, as opposed to putting it on one's tab.
I made a whip out bet with my homey and lost.
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I'll meet you there -- I have to hit the ATM for some whip-out.
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The act of whipping it out, and cumming in one stroke.
Craig: "Dude WTF are you doing?"
Anthony: "GET OUT OF HERE! I'M WHIPPING OUT A ONESIE!"
Craig: *Walks away*
When you quote or reference a classic work of literature in everyday speech
Guy 1 :"Hey, what's your name son?"
Guy 2:"Call me Ishmael!"
Guy 3:"Way to whip out your dickens, man."
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