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When something that used to be cool usually a brand of clothing (e.g. Vans) is took over by chavs and gets completely ruined. They see all the normal people wearing nice designer clothes and get jealous because they are poor and trampy so they go out and rob them.
Boy1: Do you like my new Ed Hardy tee-shirt?

Boy2: No way dude! That's chaved out!
by GedFTW July 04, 2011
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