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1. Shmaggle
a term used when haggling with a pimp to get a better price on his hoes
Slap+Haggle=Shmaggle!!
You mang, i wents to Shmaggle wid dis pimp last nice and i gots a fine hoe foz only treefitty
2. shmaggle
A slang term for a cigarette
Hey man, you wanna go shmoke a shmaggle?

Dude, I need some money! I need to buy some shmaggles!

(short term)

Hey yo, do you think I could bum a shmag off of you? I really need a smoke.

I dont wanna smoke this whole shmag myself...you wanna deuce it?
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