是的，有这个含义。out，网络流行词，原为“out of time”时间之外，即不合时间也就是落伍，网络中意指“淘汰”或者“落伍”。out用作副词最基本的意思是“出，在外”,在此基础上引申出多种意思，并可与许多动词搭配使用，构成习语；在句中可用作状语、表语；与of连用可构成复合介词。
out相关短语
carry out完成；实现；贯彻；执行
try out试验；尝试；实验
drop out退学；退出；辍学；掉落
work out算出；解决；想出；弄懂
hold out坚持；维持；伸出；支持
pass out失去知觉；分发；昏倒；醉到了
Send out发货；发出；放出；发出请柬
fall out争吵；脱落；闹翻；长胖
wear out穿破；耗尽；疲乏；磨损
out相关例句
All their wet clothes were pegged out on the line.
他们的湿衣服都夹在外面的绳子上了。
The rain was still coming down in buckets when we went back out.
我们回去时，外面的倾盆大雨仍然下个不停。
Now she won't have to go out to work any more.
现在她不必再出去工作了。
We had a day out in the country.
我们在乡下玩了一天。
Someone might find out, and that would never do.
也许有人会发现，那是绝对不行的。