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Meaning the show/event has ended, this comes from the announcements that used to be made at the end of musician Elvis's concerts in order to get fans to leave the arena. Now we use this term anytime an event has ended.
Cindy: OHHHH, YEAHHH, OUUHHH, FUCK ME, CUM ON ME BABY!!!
Jacob (cums): Elvis has left the building (collapses on the floor).
by papermachete November 03, 2005
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Apr 27 Word of the Day
A horoscope so bad that it strikes fear into the heart of the reader, rendering them unable take action or make a decision on anything or to even leave the house. This is caused by a paralyzing fear that those actions or decisions may cause the predictions to come true.
After reading "There is a lot of uncertainty around financial transactions and investments right now, and the wrong decision could result in dire consequences" in his daily Horrorscope, Edward climbed back into bed, pulled the sheets over his head and remained there for the rest of the day.

Edward only had enough gas in his car to get to the gas station but was not sure if he had enough money in his account to pay for gas. His cell phone service had been cut off because his payments were in arrears, and since the only way he could be sure he had enough money (to pay for gas) would be to call the bank, he felt it best to hide in bed and hope his horoscope for tomorrow was more positive.
by Edward Albee Deavers April 28, 2011
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2
The words that appear when you kill all of the elvis impersonators in GTA2.
elivis guys: Thank you. Thank you vary much.
me: (pulls out uzi)

ELVIS HAS LEFT THE BUILDING!!!
by Is this name used? March 10, 2007
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3
When a guy's member has exited his boxer shorts by sneaking out of the flap during the night.
Sally woke up, rolled over, and looked at Frank.

It appears that Elvis has left the building, Sally thought to herself.
by Ae5Ea8 March 15, 2015
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