(v): The act of resorting to using plastic wrap as a condom. When the opportunity to have sex with a girl presents itself, a guy will take what ever measures necessary to complete the task. This includes the chili wrap.
Guy 1 : “Hey man, I'm about to bang this chick but I don’t have a condom.”
Guy 2 : “Don’t trip. I have some plastic wrap in the kitchen..you’ll have to ”chili wrap” your shit tonight.”