Lying to yourself that chocolate could make you relax, when actually all you need is like a sleeping pill. It is an invented word that should never be used because it doesn't really mean anything.
"I'm going insane! I can't function anymore!"
"You need to chocolax, but since chocolate is stupid, here - have a zopiclone."
Examples
1. Oh my god Sarah! Look at that girl! I mean seriously. If your gonna come to the beach in a bikini you should at least make sure you don't look like such a chicola!
Mr shopkeeper, you appear to have no dark Belgian chocolate left :-/ . . Im very horny however, and quite alone tonight . . Would you be able to serve any Chicolate