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out in left field

1) a person who doesn't really have all his/her marbles, 2) s/he is kinda weird, 3)comes up with the craziest ideas, 4) see loco
Man, that biology teacher is out in left field. His test are whack.
by enspration5 May 31, 2004
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Out at Grandma's

At the Stripclub or a place where your girlfriend might suspect you are cheating.

Fucking a girl that's not your Girlfriend.
Girl: "Where are you?"
Boyfriend videotaping naked girl: "Umm....I'm just Out at grandma's right now"
Girl: "Okay, honey."
by Choutzu July 8, 2010
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out like trout

Leaving quickly, as if in a hurry or because of an awkward situation.
Baller, when I got crunk at the party last night, I got in a fight with a beaner then one of his friends whipped out his steel, looking to shank some fools, and I was out like trout.
by Tom Grandsaert December 18, 2004
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out of phase

Much confused with out of synch, it means that two objects are not in synchronization or are opposing each other. Can be used as an insult if pointed at a single person, meaning "Out of touch with reality"
1. My speakers are out of phase.. i must have crossed the wires
-or-
2. Me and my ex-GF are so out of phase
-or-
3. Bill is SO out of phase
by FinalPhoenix September 24, 2003
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out of the money

(FINANCE) used to refer to an option that has no intrinsic value, given the prevailing spot price. The two obvious examples are the call option and the put option.

*If the strike price of a call option is greater than the current price (or "spot price") of the underlying stock, then there is no point in exercising the option.

*If the strike price of a put option is less than the spot price, then there is no point in exercising the option/

Please note that "having no intrinsic value" IS NOT THE SAME THING as "worthless." An option that is out of the money is not worthless, unless it is about to expire. Assuming there is a lot of time left on the option before it expires, there remains the possibility the spot price of the underlying item could move in a favorable direction, and make the option "in the money."
Buying a call option that is out of the money is a long position; buying a put option that is out of the money is a short position.
by Abu Yahya April 15, 2010
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Out Of Regs

1. Used to describe an individual, usually in the military, who does not conform to military standards.
2. A complete and utter shitbag.
Damn yo, that shitbag private is totally out of regs
by nafogel September 17, 2010
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Out Of It

(UK Definition)

A colloquial, informal term for "outrageously drunk", usually used in the past tense.
Tom was absolutely out of it last night!
by 84th December 27, 2011
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