1. noun - A
hypothetical person who is always a bit cooler than everyone, has more stuff than you, is better in every way.
2. verb -
Doing something a little beer than
someone else, or buying a better version of something.
1.
"Schmitty has one of those."
"She's not as hot as Schmitty's
girlfriend."
"The world record is 23
chicken legs, but Schmitty ate 24."
"Schmitty's car is a little faster."
2.
"I bought a new tv that's an inch bigger than yours. I schmitty'd you."
"Everytime I get something new for my boat, Joe has to go and buy something a
little bit better just to schmitty me."