Something very, very, good. Quite often used with 'absolutely'.
That pint was absolutely chost! Or, if you're lucky: there's this bird at work who likes the styles - she's absolutely chost!
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Can be used to replace words associated with sex, alcohol and drugs in pretty much any instance.
I gave her a right good chosting!
Fancy a few chosts after work?
Friend 1: "How was the rave at the weekend?"
Friend 2: "Messy. I was chosting away like a good 'un."
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