1)To be completely stoned/wasted after a major party
2)A major drug high
3)Tired, worn out
4)Out of luck
1)"Dude, how much weed have you smoked? How many beers have you had? You're assed out. Want a ride home?"
2)When Tim got home, he was so assed out he raped his own mom.
3)After a long day of tests at school, I was so assed out when I got home that I didn't even watch 'The OC'
4)Fuck, I'm grounded and I can't get a ride to the party. I'm assed out.