Created by a student at Penn State, this phrase refers to some one (usually a male) who sports a "geek" look, but wears it well. While it can refer only to the overall look, it more appropriately refers to someone who not only sports a geeky-hot look, but is also very intelligent.
"Wow, check out that linguist. He is sooooo geek-chic with those rectangle frames."
mainly refers to syle of clothing worn by people such as seth cohen of the oc fame.
the chic-geek favours converse allstars, sweatervests and messenger bags. mainly listens to music such as the killers, razorlight and other up and coming/cool bands.
also see: indie and emo.
"man, your style is *so* geek-chic!"