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"Tab Out" is a term commonly used in nightclubs and bars that a patron and/or server uses to indicate that it's time to pay the tab (the bill).

This is not to be confused with the term pay up, but it is similar to settle up and pay out.
Hey Bill, I'm gonna tab out after I have one more shot of Jaeger.
Tab Out by Giskard August 10, 2004
Make a (guitar) tablature for a song. Loads of tablatures are found on the internet because they can be made with ASCII characters.
All rigggghhht! I tabbed out "Smells like teen spirit!"
Tab Out by TG February 5, 2005
To masturbate whilst watching porn on the internet with other tabs open.
Sam- (On Facebook chat)Where are you at, John?

John- Ah, I just had a wonderful tab out. It felt fucking amazing. It took so long that my cawck almost fell off.

Sam- ....what?
Tab out by Mufasadickdemon September 9, 2011

Skipping out on a tab 

when you buy a drink at the bar where they know you and you have no cash at the time, you get them to put it on your account (tab). If you leave the area or disappear without paying that account, you are skipping out on a bar tab
You're in a bar:
-hey man... can I get some drink... I'll pay you later..
-sure... here..
Then you take a few drinks and take off.... and just disappear...
and that's called "Skipping out on a tab"...
Skipping out on a tab by TMP3 December 7, 2010

ain't about that life 

Another way to say that something doesn't fit a person, doesn't suit them, or isn't met for them. Commonly pronounced as "ain't 'bout dat life."
Sarah is so hot for Dave that she is acting like she's easy to get his attention, but she ain't about that life.
That geek Bill Nye watched way too much Breaking Bad and now he's trying to find a partner to cook meth with. We all know he ain't 'bout dat life.
She was talking shit about my best friend, so i punched her in the face instead of talking shit. I ain't fake, I ain't 'bout dat life.
ain't about that life by Purplexy October 17, 2013

you ain't about that life 

The definition of you ain't about that life means that your not about to do something. You claim that you are but you don't, your to afraid and chicken out.
So your really gonna rob the bank? Nahh you ain't about that life, dog.