What is Iced-out?
1.
Displaying large amounts of diamonds.
That Watch you purchased on Ferrell Watches is so iced-out.
See
2.
Laced wit' diamonds. (or) A drink that's been allowed to sit too long and has become diluted. Popularized by E-40.
Yo, tha playa is hella iced-out, 'cos he makes his bank at Borders. (or) Shoot, bring me a refill--this coke is all iced-out.
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