figsout 

1) when your dick slips out of your boxers because it doesnt have a button to hold it in.

I walked out one morning to get the newspaper, and my neighbors wife said hey mister, yours figsout.

figsout by Big Ed Dill VP December 8, 2004

Figs Out 

When a mans wang is sticking out of the pee hole in his boxers.

Larry woke up and answered the door in his boxers, little did he know he was Figs Out.

Figs Out by Crack O Da Ass December 8, 2004