This means 'yeah right' or 'I don't beleive you'. It is pronounced 'chinny re-kon' and has more impact if you say it whilst stroking your chin. We used to say it at primary school, but it might just be a Northern thing!
"You get £100 pocket money a week?"
"Chinny Reckon!"
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Synonym for: R3tard. Used to describe anybody with a r3tarded opinion.
Those Boomers really think H2Oi doesnât bring the town revenue.