live out verb 3live-out noun 1forms 4 verb3 •To fulfill or act out a dream or fantasy or aspiration.Jackie is going to fashion school to live out her dream of becoming a fashion designer. •To pass time or to pass the remainder of one's life, especially in a particular place or situation.to live out one's daysHe is paying $200,000 a year to live out his days on a cruise liner. •To not reside on the premises of one's employer (used especially of domestic staff such as nannies, cooks, maids, etc.)Our nanny used to live out, but now she lives with us. live-out noun1 •A household employee who does not live on the premises of the employer. formslived out · living out · lives out · live-outs