Someone who is instructed to keep a watchful eye for popo and intruders, while someone or a group engages in illicit activity. Whenever a lookout spots popo or intruders they are required to warn others verbally or physically. Lookouts will typically engage in ordinary behavoir, such as pretending to talk on a cell phone or smoke a cigarette to appear to be occupied and allow them to be watchful at the same time.
There may also be another lookout from a distance watching the main lookout in the case that body gesture or hand movements are used as a warning. This method is preferred in a noisy environment where a verbal signal may not be picked up.
Jon, were gonna case this joint, you be the lookout while we take care of business
Consumer News and Business Channel (CNBC for short); owned by General Electric that provides business and consumer based programming covering the stock market, world currency and events that affect the economy. Primarily watched by people with over 90% of their total networth in stock market, who haven't yet come to terms with the notion of diversification.
Also the only network to date, who has been able to do the impossible -- which is combine extremely hot women who also happen to be extremely smart, which is a rarity (ie. Liz Claman, Maria Bartiromo and Bertha Coombs)
Dude, turn it on cnbc, I just bought some AAPL stock yesterday