The act of pleasuring oneself with Nickelodeon's trademarked Gak product; preferably while watching any Nickelodeon, Snick, Nick at Night, Nicktoons, TeenNick or Nick Jr. program (Double-Dare, All That, Power Rangers, etc.)
I won't be able to make it to the party this evening. There is a Are You Afraid of the Dark marathon on Nickelodeon that I will be Gaking-off to all night.
To stimulate ones tits or ass while pleasuring their self. Alternatively "gaking-off" can be used for a direct substitution of "fucking about", "dicking around", "wasting time", making one's own potions by hand instead of efficiently or effectively.
"I thought we were going out last night but i walked into his room while he was gaking-off covered tits to ass with cocoanut oil and peanut butter. Poor Holly".
"The rest of the team is all geared up waiting to start the raid, but he's gaking-off mixing clean rannar weeds with vials of water".
Someone who is addicted to obtaining money and building wealth. A money addict and fanatic. Breadheads often work more than one full-time job, and some even participate in illicit activities to "obtain the bread".
I don't buy the schmegegge about Morty sleeping with Moira.
His version of the story was pure schmegegge.
The whole schmegegge was made up to get Liz a little bit of attention.