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2.
A word used when you dont really know what to say. and dont really care enough to make something up. like a 'eh' or a 'dunno'.
Hey Magnus.. How's the weather?

Magnus: Schmea.

or

Hey Magnus.. Did you hear about the world's largest mole found in mongolia?

Magnus: Schmea
by vooooot November 01, 2011
 
1.
Can be used to replace any noun or verb.
Can be used as a secret code word, or to disguise curse words from children.
lets just mosy on down schmea.

Ay mang, you got any schmea.

Go to your room or I'm gonna whoop your little schmea
by Jeff Poulin October 16, 2006