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1.
short version of the word shmert(pronounced sh-may-ert), which is a short version of the word smart, which is used sarcastically when something bad happens.
Boss: Your working christmas day Donald.

Donald: Shmae!!!!
by Donald November 16, 2004

Words related to shmae

bollocks shit
 
2.
A word used for when something is bad. For example loosing 400 pounds on one spin of roulette

shit
bollocks
Donald :"400 pound, red"

Dealer:"13 black."

Donald: "Oh Shmae"
by mark December 09, 2004