Definitions by Pipe Cleaner

Chillaxercise 

The act of being intensely lethargic to the point of perspiration.
Combination of "chilling", "relaxing", and "exercising". Typically used when someone gets upset and you want them to calm down.

Friend 1: Dude! Wtf did you do with my toothbrush?

Friend 2: Chillaxercise bro. It's in my drawer.

Chillaxercise by Pipe Cleaner March 14, 2009