Guy 1: “Look at her. How old you think she is?”
Guy 2: “’bout 15 or 16”
Guy 1 & 2: “Champagne!.”
The two gentlemen proceed to touch fists in a celebratory fashion.
History of the word:
During a party I noticed several really hot yet underage young ladies. As a joke I told my friend, "I like my women how i like my champagne...full of alcohol and aged for 15 years". It has now found its way into our vocabulary.
See also champers, bubbly, cris, dom, moet, and salon.
Guy 2: Yeah, man! He's well exhibiting Champagne! I hope he gets a red card, then actually shot!