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1.
1. A British party gag confection. Shaped like an actual bomb made out of dark chocolate, filled with smaller candies inside. It is made to be lit and set off like a firecracker.

2. A cocktail made from an ounce each of Kahlua and coconut rum mixed with chocolate milk in an old-fashioned glass.
1. Harold, if you're going to light that chocolate bomb at little Hilary's birthday party, I do hope that you will be good enough to take it outdoors.

2. Meanwhile, Hilary and her darling little friends had gotten into the liquor cabinet and were busily engaged in mixing chocolate bombs.
by Jay Young September 14, 2005
 
2.
A loud firecracker used commonly in celebrations of Diwali in India. They are called chocolate bombs because the wrappers of the bombs give the appearance of candy.
We had about 30 or 40 chocolate bombs but the cops didn't find them.
by Bhasker Banijeri May 06, 2007
 
3.
A new type of explosive, currently bieng tested by a joint US-Canadian military research team. The purpose of this new weapon of war is simple: The bombs are designed to look ad taste like actual chocolate, but are laced with a powerful instant-acting laxative that, as soon as the bar is ingested, causes the bowels to let loose with a torrent of disgustign fecal matter. the force generated by said fecal matter causes the intestines, as well as the rectum to fracture and be released with the fecal matter through the torn shreds of the rectum. however, the bars also include miniature time bombs that, as the target is ingesting the bomb,coat the throat of the target. these miniature time bombs are made of a new type of plastic explosive which is like a thin form of elastic. This plastic is designed to detonate after one miunute, ending the life of the target, and anyone else who came to see what was happening. the result is the ultimate weapon of war.
The military applications of this weapon are still bieng discussed at this time
by classified June 21, 2004