1. noun. The state of being calm, collected. 2. verb. The act of changing from an agitated, excited state to one of calm, cool, collectedness. Both meanings often employed by ultimate frisgee players.

Everyone is so totally un-chilly right now, and that is not cool. Chilly, guys, chilly.

The feeling associated with a thought that makes you protective of a specific body part, usually the neck. The word is derived from the scene in Disney's "Pinocchio" when Jiminy Cricket drops a pebble down his pants and shivers, proclaiming: "Ooooooh, chilly."

When I saw the guy get his Achilles tendon slashed in "Pet Semetary," it made me very chilly. When my dad butchered the goat right in front of me, the sight of the animal's neck being slit open made me so chilly, that I dipped my chin to meet my chest. By not exposing my neck, I now feel safe from having the same thing happen to me.

The erect nipples on a female, due to either cold temperatures or sexual arousal.

Yo man, you check out the chillies on that broad? I sure would like to suck on those.

state of being that is not cool or (cooler than cool) ice cold. The term "chilly" can be thought of as similar to "frontin", or being a "poser", "tool", or "douche". Those people/things that can be described as "chilly" are often fake, of low quality, or not "real"/"keeping it real".