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something said constantly between two "in love" teenagers at the end of a phone call
Jeremy: "You hang up first."
Suzie: "I ain't hanging up first; you hang up first."
Jeremy: "Well I'm not hanging up until you hang up"
Suzie: "Well, ditto here!"

Then that lasts for another hour or so...
hang up by Elijah360 May 31, 2009
To refuse to speak to some one.
To be silent while some one is talking to you
You've hang up on me. (You've refused to speak to me)
hang up by Joseph Nyamogo October 30, 2006
if they hit me with life I gonna hang up.
hang up by bknyc December 12, 2006
A hang up is a person who acts retarded, but isn't. They're almost retarded but they're just not quite there. They're on the edge.
John: Man, Mike is so stupid he's almost retarded.

Josh: He's a hang up.
Hang up by The Double C Man May 14, 2023

Hang up the guns 

To Retire, settle down.
It's based on the idea of an old gun slinger who finds true love and 'hangs up his guns' to become a farmer.

In modern usage, it could be said about a guy who has previously had lots of casual relationships, or considers himself a 'playa'
"I tell ya man this chick is sooo sweet!"
"So you gonna hang up the guns?"
"Holstering my weapon as we speak"
"Mug!"

hang up the phone 

An annoyed or embarrassed response to the stupidity or incompetence of another. Synonymous with "Shut the fuck up", or "Jesus, you're stupid". Derived from one man's inability to counteract the obliviousness of those around him, to which he blurted it out in frustration. Also, an appropriate reply to an unfunny or otherwise retarded joke.
Bo: "Boy, I have a lot of tools in my garage."

Me: "Hang up the phone, tubby."