An example of this is the term groovy which is a relic of 1960's and 70's American hippy slang. Nevertheless, for a slang term to become a slang term, people must use it, at some point in time, as a way to flout standard language.
Cycling is a highly effective form of exercise. It requires a lot of energy, builds lean muscle mass, and improves your strength, cardio capacity and endurance. However, cycling won't specifically burn belly fat. It will certainly help to reduce your overall body fat, but since spot reduction is a myth, you will have to be patient for your belly fat to burn off with the rest of your fat.
Pilates is a good way to exercise and burn belly fat, but you need to eat a diet that is optimal for your body as well, usually somewhere between 1,500 and 2,000 calories per day. Focus on fresh fruits and vegetables, lean protein sources, healthy fats, low-fat dairy and whole grains for best results.