#1 -> the cheese you left in the fridge when you went home for semester break. You return to find the processed cheap cheese with holes and mold. "The shounce will remain untouched until one drunk night at 2 am when the vodka gets the best of you and you are hungry ." you wake the next morning and declare "I cannot believe i ate the schounce last night"
#2-> also a term synonomous to cheezy but to be used in a polite fashion.