chump change noun 2chump-change adjective 1 noun2 •(US) An amount of remuneration, reward, or other monetary recompense considered to be insultingly small.If you sell one of those cars, your commission will be chump change.I don't work for chump change. I quit! •(US) A sum of money considered to be insignificant.He spent $300,000 for his new car, but that's chump change for a billionaire like him. chump-change adjective1 •(US, slang) Of or pertaining to something of little monetary value.We don't have much money, but we can at least pay some of these chump-change bills.