1. A derogatory term for a certain type of redhead, specifically one with bright red or orange hair.
2. A term used to refer to a specific action or event which is memorable or hilarious in such a way as to warrant a specific term to refer to it.
3. A word used to imply romantic intent when describing a platonic relationship between a male adult and a female minor or a female who is "barely legal."
Bro: "Yo, I just accidentally told my boss my fake pornstar name."
Cheddarbush: "Classic cheddar!"
Homie: "Hey, check that out!"
Hilarious dude: "Wassup?"
Homie: "That dude is totally 18 and totally driving home that recently-17-year-old! That's totally ched."
Hilarious dude: "Yeah, boi. That's some aged gouda right there."
Fogey/fogy /fougi/ sl. (early 18C+, orig. Scot) old-fashioned, stuck-in-the mud.
Person with old fashioned ideas which he is unwilling to change: Come to the disco and stop being such an old fogey!
You think me an old fogeyand an old tory, his thoughtful voice said. I saw three generations since O’Connel’s time. I remember the famine. Do you know that the orange lodges agitated for repeal of the union twenty years before O’Connel did or before the prelates of your communion denounced him as a demagogue? You fenians forget some things. (James Joyce, Ulysses. Penguin Books,1992. p. 38)