A fork of Rural Dictionary
to tap out; to leave; to get out of here
Why must you peel out now? Stay longer.
to get out of this piece; to peel out; to leave quick status
I need to tap out in 10 minutes.
a bad event or turn of events; bad luck or fortune; sudden turn for the worse; a failure
The holocaust was a loseout.
a good event or turn of events; something good;
What a winout! I stole the exam.