to describe an object that is esthetically pleasing in every way. This is usually an inanimate object, such as an item of clothing, a piece of furniture, or a vehicle. On other terms, it can also be used to describe someone's financial status.
see also: ballin',ballin
Yo! did you see those rims on that old guys motorized scooter? That's ballin' outrageous!
to have large amounts of money...
Ex.1 - Man1: Damn man, Tyrone got his check this week...
Man1: So?!? Now he is ballin' outrageous!