1.
If you ~ a sum of money, you count the notes or coins as you put them in a pile one by one.
Mr. Rohmbauer counted out the money and put it in an envelope.
PHRASAL VERB: V P n (not pron), also V n P
2.
If you tell someone to count you out, you mean that you do not want to be included in an activity.
If this is the standard to which I have to drop to gain membership, then count me out!
? count in
PHRASAL VERB: usu imper, V n P