Noun - A word used to describe a woman's vagina during menstruation in a sexual context.

Adjective - A derogatory term used to describe some one meaning a menstruating vagina.

Etymology -
The term is believed to be based on the idea of a pot full of bloody fish parts (chum) which are typically used when fishing for carniverous fish, such as blue fish or sharks.

A catch all word to describe anything that is basic, uncool or untrendy. According to The New York Times, "cheugy (pronounced chew-gee) can be used, broadly, to describe someone who is out of date or trying too hard."

Things that are cheugy:

The New York Times
PT Cruisers
Goldendoodles

Australians

Addison Rae
White people
Billionaires

The person writing this definition

the vagina. Called chumpot because of the smell emitted enticing men to bite on the hook.