The equivalent of having someone's back, doing something good for someone else without it necessarily being asked of you.
Bro 1: Yo who put my laundry in the dryer?
Bro 2: It was me fam, you were gone for a hot minute and I had to start my whites.
Bro 1: Ah I feel you, good lookin' out.
Homie 1: Ay anybody got any extra points? I haven't eaten in weeks!
Homie 2: I gotchu fam
Homie 1: You the realest, good lookin out.
To congradulate another person for having your back. More specifically to save you from getting in trouble.
Person #1: hey, sorry I took so long, did the boss come looking for me?
Person #2: yeah, but I told him you were taking out the trash
Person #1: oh alright, good lookin out
Person #2: no problem
A way to say 'thank you' to someone (usually if they were looking out for you). Can be shortened to simply 'good lookin'.
"Here, let me get that for you."
"Hey, good lookin out, man."
A phrase used to show appreciation to someone that helped you out.
Jeremy: Yo James, you want a soda
James: Fo sho, good lookin' out dogg, I'm hella thirsty
Something you say to someone when they do something beneficial by thinking ahead.
"Ay, if dey cars are faster than ours?"
"Don worry...I did cut their brakes."
"GOOD LOOKIN OUT."
1. When somebody has your back.
2. When one does a small favor for you.
1. *while playing Halo and your team mate kills an enemy that was about to assasinate you*
You: "Good lookin' out man."
Teammate: "No problem I got you."
2. You: "Dude I need to call into work but I don't have a good excuse."
Friend: "Just tell them you have diarrhea."
You: "Great idea! Good lookin out man."
a phrase used to say "thank you". usually it is for something that has already happend. usually used in a casual context, when someone has done you a favor, but probably not a huge favor
girl: "here's your shirts, i stopped by the dry cleaners on the way home"
boy: "oh thanks babe, good lookin out"