An extremely racist slang word. The equiveleant of calling some one a nigger, a chink, and a spikk at the same time. Not to be used in any cercumstances by anyone ever.
Yo guy look at that fucking trash champ over there, I say we bash him in.
Used as a false term of endearment by child like men/women with superiority complexes in order speak down to their betters/peers. Acceptable usage from an elder to a junior only (i.e. Parent, Grandparent, Senior family member such as uncle or Sports Coach only)
I heard you've been talking to Champ. Who's Champ, you ask? WELL YOU CAN FIND OUT THIS SUNDAY NIGHT WHEN CHAMPION JOHN CENA TAKES ON SIX MEN IN THE WWE SUPERSLAM!!!!!