What is Chalm Down?
1.
A combination of "chill" and "calm down", somewhat a parody of other word combinations. i.e.
Used to suggest one should calm down, not take things so seriously, etc.
"What the hell!? This sucks! #@!%!!!"
"..Hey man, chalm down!"
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7.
(v.i.) Out to lunch; not having it together; acting in a stupid way. Typically derogatory.
Derivation: ..