What is Penny Chew?
Rhyming slang for a Jew. The irony is in it's cheapness.
"You cheap Penny Chew" - When your mate doesn't cough up for their round.
" WTF i've just been Penny Chewed!!" - When someone beats you down with a shotgun on Gears of War
See jew, sweets, slang, gears, of, war