It can mean anything, in any terms, it can be an adjective, noun, or adverb. It can be the act of doing anything and everything. It can be an expression of how you felt. In all it means the center of the universe. The meaning of life
This is a adjective for someone who is "chill" and "hot". Chill meaning they have a positive relaxed attitude/personality that is fun to be around and hot being they are attractive. Someone who is chot can be called a "chottie".
Another word for "shit" derived from "chit". Among the rising revolution, "chot" is becoming the most popular replacement for "chit" or "shit" and no one, not even your parents know what it means, so you won't get into trouble for using profanity.