To congradulate another person for having your back. More specifically to save you from getting in trouble.
Person #1: hey, sorry I took so long, did the boss come looking for me?
Person #2: yeah, but I told him you were taking out the trash
Person #1: oh alright, good lookin out
Person #2: no problem
Person #2: yeah, but I told him you were taking out the trash
Person #1: oh alright, good lookin out
Person #2: no problem
by SkateboardC August 5, 2008
A way to say 'thank you' to someone (usually if they were looking out for you). Can be shortened to simply 'good lookin'.
by Sean Piece November 6, 2003
The equivalent of having someone's back, doing something good for someone else without it necessarily being asked of you.
Bro 1: Yo who put my laundry in the dryer?
Bro 2: It was me fam, you were gone for a hot minute and I had to start my whites.
Bro 1: Ah I feel you, good lookin' out.
Homie 1: Ay anybody got any extra points? I haven't eaten in weeks!
Homie 2: I gotchu fam
Homie 1: You the realest, good lookin out.
Bro 2: It was me fam, you were gone for a hot minute and I had to start my whites.
Bro 1: Ah I feel you, good lookin' out.
Homie 1: Ay anybody got any extra points? I haven't eaten in weeks!
Homie 2: I gotchu fam
Homie 1: You the realest, good lookin out.
by phill_pickles January 16, 2016
by Hoss March 31, 2005
by Joshiro007 February 19, 2003
1. *while playing Halo and your team mate kills an enemy that was about to assasinate you*
You: "Good lookin' out man."
Teammate: "No problem I got you."
2. You: "Dude I need to call into work but I don't have a good excuse."
Friend: "Just tell them you have diarrhea."
You: "Great idea! Good lookin out man."
You: "Good lookin' out man."
Teammate: "No problem I got you."
2. You: "Dude I need to call into work but I don't have a good excuse."
Friend: "Just tell them you have diarrhea."
You: "Great idea! Good lookin out man."
by Andy Orem July 20, 2008
a phrase used to say "thank you". usually it is for something that has already happend. usually used in a casual context, when someone has done you a favor, but probably not a huge favor
girl: "here's your shirts, i stopped by the dry cleaners on the way home"
boy: "oh thanks babe, good lookin out"
boy: "oh thanks babe, good lookin out"
by Olly J March 31, 2005