Green’s Dictionary of Slang

whip out v.

1. to produce, usu. quickly.

[UK]Farquhar Constant Couple III ii: He whips out his stiletto, and I whips out my bull-dog.
[UK]Bird o’ Freedom 15 Jan. 7/1: You should have seen that Johnnie whipping out his shooter when the fight was first declared off.
[UK]C. Rook Hooligan Nights 137: He whipped out his own revolver.
[UK]J. Buchan Mr Standfast (1930) 586: A minute later he had whipped out a card on which I read ‘J. J. Linklater’, and in the corner the name of Hatherwick Bros.
[US]D. Runyon Runyon à la Carte 54: With this he whips out a check.
[US] ‘Death Row’ in D. Wepman et al. Life (1976) 120: Father Brown [...] / Whipped out his book and read off a prayer.
[UK]A. Sillitoe ‘Loneliness of the Long-Distance Runner’ in Loneliness of the Long-Distance Runner (1960) 15: He whips out a knife and lifts it to stick me like a pig.
[UK]B.S. Johnson All Bull 204: If ever you’re out with a party and you’re not getting anywhere, whip it out and wap it in her hand.
[US]J. Ellroy Brown’s Requiem 23: Fat Dog whipped out the fat old Mexican wallet.
[Aus]Penguin Bk of Aus. Jokes 433: ‘Doctor, I’ve got a problem. I’ve got a square dick.’ ‘Baloney,’ said the doctor, ‘never seen that in all my years. Whip it out, sport, and let me have a look.’.
[UK]Indep. Rev. 12 Jan. 8: He whipped out a fiver.

2. to pay, to spend.

D. Jenkins Dogged Victims 243: [He could] pay for first-class air travel, for the best hotel rooms in the best hotels, to be able to ‘whip out’ for the restaurant checks.
J. Elllroy Brown’s Requiem 63: ‘The members [...] whip out heavy for those snotnose cocksuckers’.

In compounds

whip-out man (n.)

(US) an exhibitionist.

[US](con. 1964–8) J. Ellroy Cold Six Thousand 242: Whip-out man with an eighteen-inch schlong. He goes to nudist retreats and plies his trade.
[US](con. 1962) J. Ellroy Enchanters 46: Rape-o’s, pud pullers, whipout men, transvestites and lust killers.

In phrases

excuse me while I whip this out [this is one’s fist or poss. a weapon] (US black teen)

1. one’s last words before commencing a fight.

Blazing Saddles [film script] Excuse me while I whip this out.

2. a phr. said before exposing one’s penis.

Dr Love column on LARiotSquad.net 🌐 Everybody knows nobody enjoys a good pee joke more than small children! So bring the whole family out to the park – and you’ll hear such delightful banter as: Excuse me while I whip this out!