What does out- mean in English?
With a verb, out- means doing that action better or in greater amount than another person or thing. The central idea is always "doing X more than the other". It is a very useful prefix for talking about competition and performance.
Out- also means "outward"
Out- has a second sense, going toward the outside, and it is used in words that talk about what comes out or what results from something. In these cases there is no surpassing: only direction or result. To know which one it is, look at the base word: if it is a verb, it is almost always "surpass"; if it is a noun, it is almost always "outward".