When your friend finally decides to dip and goes home after hanging out. Often associated with Mexicans and/or Filipinos.
You: "Yo man wanna play some ball?"
Friend: "Naww man I gotta dip"
You: "So ur mexing-out?"
Friend: "Yea man, mex-out"
Friend: "Naww man I gotta dip"
You: "So ur mexing-out?"
Friend: "Yea man, mex-out"
by Thatkid022 May 5, 2010
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