An
Australian slang word for a bottle of
extremely cheap and nasty wine. Often confused with 'goon'.
Due to high alcohol taxes in Australia, despite the name, two-buck-chuck which once would've cost $2, may now cost anywhere up to $5.
The name is derived from its affect on the consumer, as drinking it very fast is potent and often makes the consumer quickly drunk and vomit violently.
It is often drunk for these above reasons- to get
inebriated quickly and frugally.
Additonally- the action of vomiting quickly to sober yourself up, and to get back to partying is called having a "power-chuck".