A prevalent term in some social groups withing Australia, and occasionally Britain. In simple terms, this phrase is said whenever something negative occurs.
Gambler - Just lost $50 because the Suns won. Not cheers!
Student - Had to go to school today regardless of my flu. Not cheers at all.
Commuter - Couldn't get myself a seat on the train this morning. Not cheers.
by SecretPhotographer March 30, 2013
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A blessing. To wish some one good cheer and happiness.
"See you later"
"Cheers"

or

"This round's on me!"
"Cheers!"
by shift307 September 4, 2009
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Common way for a Kiwi to (1) say thanks, (2) sign off an email/memo/will ("cheers,") or (3) what we shout when clanging our handles of booze together in a moment of comaderie.
1. "I'll make us a cuppa tea."
"Cheers."

2. "Only total wankers sign off with 'kind regards'. What shall I put?"
"Just write, 'Cheers', and then your name."

3. "Fark Iyam pished."
""Way-heyyyyyy!! Cheeeeerrzzzz."
by Rollergirl November 4, 2005
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Originally used almost exclusively in England as a toast accompanied by a clink of glasses or raising of same, has come to mean almost anything an English person (particularly hooray Henriettas) wants it to mean rather in the style of shit or cool, but usually with ironic overtones.
"I've just told your bird you're bonking her sister."
"Oh cheers, mate."
by ziddi van der zee September 3, 2004
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To applaud a sport team or performer/group of performers. Usually involves squealing loudly and whistling.
I cheered when Metallica finished 'St. Anger'.
by Rohan January 26, 2004
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a supposedly famous bar in boston (used for the naming of the show) that no bostonian has ever been in, and only tourists go to see.
tourist: why hello local ! What is your opinion about this "Cheers" bar?

bostonian: huh?
by becccca August 16, 2006
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(Used primarily in the UK) A word that has found it's way across the pond for pretentious hipsters and smarmy, haughty, douche-bags alike to abuse in order to sound more cultured or otherwise interesting.
"Actually the Freemasons DO fall under the Zionist umbrella for a New World Order. If you were anything other than a self-important, overly-opinionated, under-educated 'sheeple', it would be painfully obivous. I weep for you. *Passes himself the kleenex*

-cheers
by The one and lonely. November 23, 2009
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