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1.
Derogatory term for African American. New York Italian/Jewish
derivation. See "Moolie"
The cops arrested a giant shvuggie in front of my house.
by Chopper818 May 20, 2008
 
2.
Italian person with mob connections, or Italian person with any connections or Italian person with no connections. Or just plain Italian person. Usually hairy and coarse of features, lacking any refinement.
I once ate a shvuggie but threw up afterward because of all the internal tomato sauce.
by Darius the Not-So-Great March 09, 2009