look up any word, like eiffel tower:
 
1.
When someone in a group photo is pissing everyone else off, you fold them out of the picture...and out of your lives.
"Man, that's the last time she gives me $10 for her share of the $400 bar tab...she's getting the Fold Out."

Also acceptable: Folded Out, Fold Her/Him Out, etc.
by Miz J April 15, 2010