Also known as J-Stew, Stew Beef is Tracy Morgan's nickname for Jon Stewart, given to him on April 15, 2010.
Tracy: STEW BEEF!!!
To loiter, lounge, procratinate, waste time in a slothy manner. (usually)
"Why don't you go do your homework?"
"I'd rather stew beef on the couch"
"Man, I stewed beef all day waiting for my friend to call"