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1.
Someone who is instructed to keep a watchful eye for popo and intruders, while someone or a group engages in illicit activity. Whenever a lookout spots popo or intruders they are required to warn others verbally or physically. Lookouts will typically engage in ordinary behavoir, such as pretending to talk on a cell phone or smoke a cigarette to appear to be occupied and allow them to be watchful at the same time.

There may also be another lookout from a distance watching the main lookout in the case that body gesture or hand movements are used as a warning. This method is preferred in a noisy environment where a verbal signal may not be picked up.
Jon, were gonna case this joint, you be the lookout while we take care of business
by BMoney January 28, 2005
33 3
 
2.
<phrase> Warning;

A phrase intending to make another person or group of people aware of a sudden danger which they may not be aware of themselves yet.
ARMY CAPTAIN: "Look out!"
<mortar shell takes out entire squad>
ARMY CAPTAIN: "Shit."
by Stuart Fletcher January 07, 2005
13 2
 
3.
Made famous by the late Ronnie James Dio of Rainbow, Black Sabbath, Heaven and Hell and Dio. Dio would often shout at the top of his lungs in parts of a song "Look out!". Best used in context with a loud raspy voice while flashing the horns. Most commonly heard when describing an impending situation or event loosely connected to Heavy Metal.
"Look out" is also a phrase used in tribute to Dio, often yelled by rockers before they down a shot, take a drink or on hearing the opening riff of a Dio song.
*shot glasses poised - "Look out!" - shot drank.

*Black Sabbath's 'Mob rules' opening riff starts - "Look out!"

"Here comes that hot metal chick again, LOOK OUT!"
by Rahtedpumpclart February 27, 2012
10 3
 
4.
a vert certain "Cult" call only reconised by the leet community that is of The parramatta region.

It can be called for a number of reason, Although the main reason of the call is to aware local fellow l33tst3rs about the appochen Bogey AKA Bogan in the area.
Joel - Ahh damn tiiight kicks

Justin - Yea, sweet Jordan melo shirt yo'

*bogan enters*

Both - LOOOOKOUTTT

Bogan - EH THA FUCK WHEREZ DA RSLZ OR DA SERVO?

Both - Kthxbai
by justin December 25, 2004
2 9
 
5.
When a Bogan enters the room, you better lookout.

Applies to Mr brown, and/or Ramsays dad, JEFF

See MR. Brown, Jeff, Kez
Me - "yo sup joel"
Joel - "nadda mang"
**MR brown enters**
Both - "LOOKOUT"
by justin December 24, 2004
2 10
 
6.
An of age person who purchases alcohol for minors.
Although I never would have spoken to him otherwise, I befriended Jeremy because he was 21 and always willing to be my look-out.
by lmg December 14, 2003
0 9