Farting Cheddar Share definition Flag To have an excess of money, and spend it wastefully. He won the lottery and bought 60 cars, he's pretty much just farting cheddar at this point. Farting Cheddar by Dr. BANE November 24, 2010 0 0 Get merch Get the Farting Cheddar mug. Buy Now — $32.95 See more merch