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1.
Schmazz is the new cool.
Mostly used by hipsters and preppy college cliques.
"Did you see that new movie last Saturday?"
"Yeahman, it was totally schmazz."
by Laybauch July 07, 2012
 
2.
A collection of assorted unknown objects.
All that schmazz.
by PhillyGeek December 14, 2011