is a simple cautionary expression that can be quickly & easily uttered under one's breath without pursing of the lips (in other words- it is possible to exclaim through the teeth with little movement of the jaw and mouth).. thus, an innocent smile may be seen maintained and unbroken on the face of a lookout as he or she directs accomplices to halt their actions- 'cheese it' is simply a warning to desist that can be spoken by a guard without giving himself away as an accomplice or drawing attention to the forbidden act at hand.
CHEESE IT! or cheese it! would not necessarily be used in a sentence unless in literature or in film and, then, only to better convey to the audience the reason for it's use. For instance- to say CHEESE IT! will suffice in common usage- adding "THE COPS!" is completely unnecessary.
by Red Iron Tool January 18, 2017
by dutchmasterbaby October 11, 2006
by mattyou1234 March 29, 2008
by chippergal February 06, 2009
In gambling terms, refers to the money you are up by. In other words you bought in for $500 and you have a stack of $1200 in front of you. You have $700 in cheese.
I played 5/5 over at the Mirage last weekend. I bought in twice for $500 but cashed out at $4000. Three gs in cheese not bad for a day's work.
by Susan G$ Garlington May 30, 2008
by thatguyMcFly May 02, 2011