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1. cholly
A heavyset woman, typically used for one nite stands or booty calls.
It's almost closing time, I better find me a cholly.
2. cholly
1. To bail out of something at the last minute

2. To break a contract or lie about a previously made agreement, verbal or written

4. To choose your girlfriend over hanging out with your buddies
He didn't show up again! That's 2 weeks in a row he's pulled a cholly!

Charlie: Hey uhh I'll met you up at 7 pm at the St. Johns cool?

You: yeah sure NP

-7pm-
you: ....

-8pm-
you: .....

-9pm-
you: texting... Dude where the hell are you!?

Charlie: Oh uhh yeah i cant make it. Me and my girl are going shopping.

you: Damn cholly... you flaking asshole
3. Cholly
The Sphincter Licker. One who licks the sphincter for pleasureable purposes. It can also be used as an insult to someone you dislike. I mean, who wants to be called a Sphincter licker? A term made up byy two pretty awesome girls looking for a new insult.
"Ugh, Jack is such a smelly disgusting cholly."
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