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1.
another way of saying to ejaculate(masterbate)
"Hey man did you see that bitch last night yeah I was cheeze in it it this morning how about you yeah i also cheeze it three times a day"
by panoch April 29, 2009
 
2.
A more polite way to say "Jesus". Often used as a correction.
Person: "JESUS! Stop lying you idiot!"

Christian:" Did you just use the Lord's name in vain!?!"

Person: "I said cheeze it! CHEEZE IT!"
by Narikku February 03, 2009