-to calm down
-relax
-used synonymous with "chill out"

term was used regularly in the 1970s. rarely used presently
yo,my man, cool out son!
by sye June 9, 2005
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to chill the fvck out
i know you're pissed but you need to cool out.
by justine December 3, 2003
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To cool out, and or chill.
Those bros were cooling out yesterday at the hookah bar.
by Megatroid June 30, 2008
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A form of temporary monetry funding which comes from one person who has a vast amount of funding at their disposal and goes to another person without pay back. This will happen as long as the person funding the money is able to do so (more funding expected to come from that person).
E.g - Bill was expecting a "cool out" from his boy Tom.
by NBA commissioner July 2, 2019
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1.To masturbate(if you are a guy) and/or to just sit down and relax with your penis portruding out of your pants.

2.To go out with someone and/or to go somewhere with the intention of having sex.

Syn: hang out with your wang out
1. I was so bored and tired when I got home from work, so I got out my girly magazines and proceeded to cool out with my tool out.

2a. After scoring this one hot chick at the party, I went to go cool out with my tool out with her.

2b. Since I am so bored and horny today, I'm going to go to the local brothel and cool out with my tool out.
by Mark H July 23, 2004
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When you wanna go out at night and your friends don't get back to your message even though you know they got it.
I called everyone on my cell and messaged everyone on facebook but they all have too cool to hang out syndrome.
by Ctownfrown March 15, 2008
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