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1.
A hockey term used to describe a shot in the top corner of the net.

Goals that are cheddar bombs are often described as having gone 'top cheese'.
That shot was a cheddar bomb, off the cross-bar and into the net.
von Cheeseball101 5. November 2009
 
2.
A rank fart that smells like a rotten wedge of cheddar.
I just dropped a massive cheddar bomb.
von Snake75 7. Juni 2005
 
3.
Term used for an extremly hot woman from the state of Wisconsin.
Yo man that girl I met on my trip to Wisconsin was cheddar bomb.
von soonerborntwerp 17. Oktober 2012
 
4.
getting extremely high and or drunk
yo man i was so cheddar bombed last night!
von Martycz02 23. Dezember 2008