a. To be in the act of losing control of one's self while with a group of peers.
b. To have a known history among others as to being one to lose control of one's self when in crucial situations that pertain to the good of the whole.
Originated, more than likely, from Fro in the late second half of 2002 AD. Probable cause for the word's inception must be credited to Big Fat doing something that constituted Fro to hurl an insult concerning Fat’s ineptitude for control.
Quit eating my California Cool Dill Flavored Potato Chips you fat, dicked-out bitch!
Dude, don’t invite that bitch over! You know she’ll dick-out or something.
To be extremely annoyed or angry.
Coming from the combination of Dicked - meaning something that was unfair or screwed over i.e. that was dicked. And out - meaning an extreme amount of something i.e. that girl was all decked out from head to toe in purple clothing.
My friends flaked on me the other night, I was waiting in the parking lot for them for two hours. I was so dicked-out.