Something or someone that's either stupid, cheap, useless, or undeserving of life
"Dude, look at this Chump Change! He rode his motorcycle into that parked car!"
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A group of retards in a classroom or a platoon of retards being sent into battle ahead of the regular troops acting as human shields/decoys.
"Yo check that dumb-ass ova myah! He belongs in a Derp Squad no doubt!"
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