Chico is a Spanish term that means boy, kid, or child. Chico is often used as a slang term to refer to males of any age. Chico Examples Hey there Chico. You coming to the party Chico? Other Chico Meanings Chico is also a popular name for Chihuahua. Chico is also a women clothing store. Chico is also a city in California which is considered one of the richest agricultural areas in the world.