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1.
to socialize with your friends, whether it is of your choosing or not; most of the time the term is uesd to refer to a type of fun.
me n chip were hanging out.
by howdoithinkofthisstuff? March 29, 2005
 
2.
Being bored together
"Rotem and I are going to write our new definition of hanging out on that one website".
by Arguss October 02, 2008
 
3.
A situation that occurs when a male has incorrectly secured his fly and is not wearing underpants.
Tom was in front of his sixth grade geography class and his male member was hanging out of his drawers.
by freddy reddy August 16, 2010
 
4.
A man's way of identifying his lack of committment and/or financial stability with regards to women in general, or to a specific woman in particular. A glaring clue to a serious-minded, one-man-woman to run for the hills.
A man calls you up on a Friday night and says, "Wanna hang out sometime this weekend?"

A man says to you, "Ya know? I really like hanging out with you..."
by Sarah Chase September 02, 2007
 
5.
the term used to in exegetical reference as to the social statement and stature of two people completing several "getting to know you occasions" and still wanting or choosing to be around each other.
London told Erik that her boss will want to meet him if they are still hanging out despite the fact they have been friends from months.
by kidvik May 20, 2008
 
6.
Derives from military slang; the term hanging out usually refers to a state of tiredness and exhaustation, after instence physical activity. Some times basic training is usually refered as a major hang out due to the intense nature of it.
i am hanging out after that PT session
by Call me the Boss May 03, 2011
 
7.
A term used particularly by promiscuous girls today, which has supplanted the term "dating". Previously, women would go on dates with men where they would get to know the man, and then be returned to their home safely. Now, women "hang out" which means they go to bars or friends houses, drink, pass out and wonder why their genitals hurt the next morning.
"So, like, me and my BFF Sarah were hanging out with some dude she met off Myspace and we got SO trashed and started dancing on the bar and making out."

"so... uh... what does your dad think about this?"

"Dad?!? Like whatever I don't have a dad! I'm thinking about getting a new tattoo!"
by Squishy April 28, 2008