Source : Webster's Revised Unabridged Dictionary (1913)

Outgo \Out*go"\, v. t. [imp. {Outwent}; p. p. {Outgone}; p. pr.
   & vb. n. {Outgoing}.]
   1. To go beyond; to exceed in swiftness; to surpass; to
      outdo.

   2. To circumvent; to overreach. [Obs.] --Denham.

Outgoing \Out"go`ing\, n.
   1. The act or the state of going out.

            The outgoings of the morning and evening. --Ps. lxv.
                                                  8.

   2. That which goes out; outgo; outlay.

   3. The extreme limit; the place of ending. [Obs.]

            The outgoings of the border were at the north bay of
            the salt sea, at the south end of Jordan. --Josh.
                                                  xviii. 19.

Outgoing \Out"go`ing\, a.
   Going out; departing; as, the outgoing administration; an
   outgoing steamer.

Source : WordNet®

outgoing
     adj 1: going out or away or of the past; "an outgoing steamship";
            "the outgoing president" [ant: {incoming}]
     2: at ease in talking to others [syn: {extroverted}, {forthcoming}]
     3: somewhat extroverted [syn: {extrovertish}]