It combines "let's go eat" into one word. This word usually follows the negatory answer to the question, "Jeet?"
by Chuck Clemence August 14, 2008
Man1:" Hey did you hear that AttackAttack, A Day To Remember, The Devil Was Prada, and 3OH!3 are playing at warped tour!"
Man2:"SKWEET SKWEET"
Man2:"SKWEET SKWEET"
by StrollinNolan April 07, 2011