In England, it is short for "Cheese Quaver" which is rhyming slang for Favour
"Ere mate, do us a cheese and pass me my brew" It can also mean the man.. like the head cheese. Cheese can also mean "money" In some circles, cheese can also mean "gossip" ---- Also slang for Heroin: http://en.wikipedia.org/wiki/Cheese_(recreational_drug)
it means cheese is the best
that is slang for 'the big boss'
It's a slang term for farting.
In "urban slang" 'cheese and rice' means Jesus Christ; used not to offend any religion.
In rhyming slang, "melt" is used to mean "idiot" or "fool." This slang is often used in British English and derives from a phrase that rhymes with the word it represents, like "melted cheese" rhyming with "idiot" in this case.
Money
The Mrs!!
Biscuits and cheese
This is a slang term for passing gas. The term refers to the unique odor of limburger cheese.
If you mean slang as in internet slang, then it means "Certified Old Fart".
You could say, for instance, "Who cut the cheese." or, "who dropped the bomb."
Slang is slang It's the s' "LANG " uage.