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When you spin the rear tires of a car/motorcycle, causing the tires to burn and make smoke.
Oh, look that ricer wants to race! *Leaves ricer in a cloud of smoke from a burnout*
A burnout could mean 2 things

1. Spinning the wheels of a vehicle till they smoke

2. The dude in high school that does nothing but cut class, smoke weed, eats way too much Burger King and/or Taco Bell, and doesn't have a job
1. I done such a burnout in the ol mustang that I completely lost sight of the comaro and challenger

2.
Person: Dude, do you have a job?
Burnout: nah, I'm too stoned to work
Male straddling female while receiving oral. Rubbing butthole on tits.
My titties stink from that burnout.
Burnout by Merjmor July 15, 2016
A wheel spin is when you are in first gear in a car with your foot held on the clutch and your foot on the throttle/accelerator revving it to a high rpm rate. Then you 'pop the clutch' (take foot of clutch and leave foot on the throttle) this will then cause the cars wheels to spin very quick with little grip causing smoke, loud screech and possibly a wheel mark in the road. This can also be known as a wheelspin
Quick look that guy is gonna do a burnout
Burnout by Some car guy September 18, 2016
In RWD cars, power can overwhelm traction of the tires, which makes tires spin on the ground, causing smoke, fire, loud sound, and awesomeness.
there's nothing like doing burnouts on 500hp mustang. If you think meth is addicting you never tried this.
someone who is a penny pinching jew, usually a big nose, an old phone and outdated cloths, also smokes lots of weed
wow what a burnout, look at that nose!
burnout by giantbigccccccc April 3, 2018