Chool it is a portmanteau of "chill out" and "cool it". Used when someone is either getting angry at nothing or being a fuckwad. "Chool out" is an alternative form of the phrase.
Guy 1: I'M SO ANGRY RIGHT NOW!
Guy 2: Dude, just chool it!

or

Guy 1: Wow, John is such a fuckwad.
Guy 2: I know, he needs to chool it.
by manofthecentury February 04, 2015
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When something is great you would say 'chool'
Your hair is looking really chool at the moment
by dixiedoo April 12, 2011
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A latin word that mixes "Cool" in english and "Chulo" (PIMP or Beatiful in Spanish) nothing more cool in the latin language than Chool!
Wow! That pair of shoes is Chool AF!
by el_ultimonk February 15, 2021
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