This is a cross between chilling and relaxing. It means to stay calm while doing those extra things that relax you.
I'm sitting at the house just chillaxing in front of the TV drinking a bear.

Or it can be used as a single word to mean taking it easy doing-you.
e.g. Hey butterfly beautiful what you doing? "Chillaxing"
by Butterfly's Man June 29, 2011
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relaxing and achieving calm simultaneously. Source: context from use by Karith Foster post on Facebook. May not be primary origin.
I am finally chillaxing, after a massive week of double shifts at work, sipping a perfect mimosa on the patio watching the hummingird birds from my chaise longue
by Cream Abdul jaBeer March 11, 2009
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(verb)
When the two words 'chill' and 'relax' were combined a word was created: 'chillax'; a conjunction that, when used solely and didactically, can change the general mood or atmosphere of an entire room of people. 'Chillax' by itself is a powerful word, but is nothing in comparison to the sentence that was coined soon after: 'chillax to the MAX'. This sentence should be used with care as it has the power to COMPLETELY relax a room full of people.
Jen: OMG I havent revised for my EXAM OMG!
Dan: Jen....
Dan: Chillax
Jen: You're right Dan, exams are insignificant! Let's focus on our health and happiness and worry about petty bureaucracy another time.
by Jen D January 17, 2006
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A combination of the words "chill" and "relax". Used to tell someone to calm down.
by Super Dummy Face October 22, 2004
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A fusion, in equal parts, of chill and relax
chillax dude, I'll buy you another car.
by Sar November 22, 2004
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The act of chilling out while in a relaxed mood. ;)
hey you wanna come over to my place and do some chillaxing in the basement.
by Urby March 29, 2008
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