“Chutzpah” is a Yiddish word that has entered the English language and is used to describe someone who has audacity or boldness, often in a way that is admired for its courage or cheekiness. It can be both a positive and a negative trait, depending on the context. For example, a person who takes a big risk in starting a new business might be said to have chutzpah, as could someone who behaves in an overly brazen or impudent manner.