cheddar /ˈt͡ʃɛdə(ɹ)/noun 2verb 1forms 3 noun2 •A cheese styled after the Cheddar cheese made in Cheddar. •(slang) Money, cash, currency.Touch my cheddar, feel my Beretta. — 1996 verb1 •To cut and press cheese so as to remove the whey and leave drier curds. formscheddared · cheddaring · cheddars