In some regions, it is a term of endearment usually used for girls or women. In other regions, it is a vulgar term referring to female genitalia. It can also be used in a colloquial context to refer to someone being overly happy or excited.
Examples
- Spanish: 1. Mi chocho, ¿cómo estás? 2. Estoy chocho con mi nuevo trabajo.
- English: 1. My dear, how are you? 2. I'm over the moon with my new job.