What is Five-by-five?
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Originally an aeronautical term that is the equivalent to the modern "Loud & Clear". In slang usage, it means "great, fine"; popular in New England, it was made famous in "Buffy: the Vampire Slayer" from its overuse by the rogue slayer Faith.
"No worries, B. That vamp tried to kill us but I got mad skills. We're five-by-five here."
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Verb.
Banishing of an individual at a gathering.
Anything of value is taken or kept and divided among the ppl there for compensation ..