An exclamated expression used to comment on women’s breasts. (Ace meaning 'excellent,' racking meaning 'breasts'). Can also be used, oddly enough, for anything that is good. This expression developed in Oyster Bay.
A trip to a grocery store, convenience store, or gas station for the sole purpose of buying an excessive amount of junk food and sugary drinks, usually with friends. A chud run often happens late at night and ends with everyone involved hating themselves afterwards.