A word used to describe something so awesome that is to awesome to be described as "awesome". So people have made this word so people can express how awesome something is without sounding like a idiot. Combined with Chuck Norris to show how awesome it is.
Guy "OMG that was the best screw I have ever had!"
Whore "How good?"
Guy "Uhh....awesome, No Chuckawesome."
Whore "Am I going to be paid now?"
Guy "That is not Chuckawesome."