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1.
No longer hip, cool, or popular. The state of using up one's fifteen minutes of fame; loss of social status.
Just when you thought Vanilla Ice was flashed out, they put him on TV.

Paris Hilton would be flashed out by now if she wasn't so rich.
Por SuperTortoise 14 de septiembre de 2006

Words related to flashed out

failed failure fame flop loser loss uncool
 
2.
I made this up from listening to too much rap songs and still use it. It means something similar to the word "fly"- totally cool, awesome, amazing, impressive.
That guy is so sexy, so flashed out.
Por miss m 14 de junio de 2003