look up any word, like the eiffel tower:
 
1.
Online chat farewell meaning "peace out." The V is meant to symbolize two fingers making the famous peace sign.
"Sorry, I've gotta go. V out."
by Bruce F. June 23, 2006
 
2.
the v makes a peace sign-- therefore, making it "peace out"
alright, i've gotta get going-- v out.
by faithc March 12, 2006