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"Chebub" is a term that combines two words often used together in celebration or when someone decides to exude positive sentiment towards another. It is an abbreviated concatenation of "Cheers" & "Bub". It can be used as a greeting when seeing a friend at a bar or as a verb; "Chebubbin".
Friend 1: "I got you a drink at the bar"
Friend 2: "Chebub!"

Friend 1: "What are you doing this weekend?"
Friend 2: "Not sure. Probably just chebub around the old port."
Friend 1: "Chebub."
by butchbrody September 01, 2013
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