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1. shmae
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 Nov 16, 2004 add a video
2. shmae
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 Dec 9, 2004 add a video
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