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The ultimate affirmation or sign of agreement and/or consent.
Tom:"Dude this sandwich is hella good!!"
Bob:"Chyumps"
or

Tania:"These shoes are cute!"
Brandy:"Chyumps"
or

Jim:"I'm the best right?"
Tim:"Chyumps."
Chyumps by radweezy August 25, 2009

chumpsketball 

a match into which lame players are sucked for money

assholes defrauding others in peer group
I made $20 in that last chumpsketball, golly!
chumpsketball by kmfrayed April 18, 2012
Acronym standing for the 6 best universities in the United States: Columbia, Harvard, Yale, MIT, Princeton and Stanford.

How they stack up against each other:
–According to rankings–
Princeton #1
Harvard #2
Columbia #3
Yale #4
MIT #5
Stanford #6

–According to acceptance rate–
Stanford <4%
Harvard 4%
Columbia 5%
Princeton 6%
Yale 6%
MIT 6%

When the "P" is used to refer to University of Pennsylvania and NOT Princeton or the "C" is used to refer to Cal Berkeley, Caltech, or University of Chicago and NOT Columbia, this is either 1) a made up acronym 2) referring to a specific area of study e.g. Economics
Nowadays, getting into an Ivy League university is not as impressive as getting into CHYMPS.
CHYMPS by academic113 January 8, 2021
A highly elitist initialism describing the cream of the crop, tippy top, prestigious universities in the United States:

Columbia University, Harvard University, Yale University, Massachusetts Institute of Technology, Princeton University, and Stanford University.
Karen: Oh great, Johnny got into one of the CHYMPS. Why does that bastard get all the good things in life?
Doug: Because his daddy is a CHYMPS grad as well
CHYMPS by ElitistExpert January 10, 2021

Chumpster 

A bully, bad guy, person of shady influence.
Listen my boy, you want to avoid the chumpsters of the world.

Or

That guy’s just a chumpster, don’t listen to him!
Chumpster by Fadda August 29, 2018
Chumpsies is used to point out when someone is embarrassed, defeated, or tricked.
You just tripped! Chumpsies...haha chumpsies!
chumpsies by Chieftan August 8, 2006