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A frenzy in real estate that occurs when a seller, usually a bank, deliberately under-prices a property to quickly generate multiple offers. The winning buyer usually offers way above the asking price to thwart other buyers but ironically ends up paying market value or above. All of the other buyers unwittingly waste their time.
I wanted to make an offer on that townhouse, but it turned out to be a schmoz; they already had ten offers!
schmoz by kyfriedchicken November 23, 2010
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A catch all term for having sex, being intoxicated, or generally taking an L; A synonym for fuck
Bro, I'm sorry I schmoiled you so hard in front of your girlfriend last night when I mentioned your side hoe.

It's ok, bro. You were pretty schmoiled.

Man, that exam seriously schmoiled my GPA.
Schmoil by GrandpaJim December 24, 2019

Schmoigle 

A basket fruit given to the the eldest jewishboy on his birthday.

The fruit must be green but pear are forbidden.
Err...you could give him a Schmoigle! Apples, Grapes, Kiwis...but Pears are forbidden!
Under the influence of drugs/alcohol or buzzed no longer sober.
I I ain't gonna lie I'm a little schmizzed.
schmizzed by DrizzyDropDrake January 22, 2017
A person who is always ruining things for the rest of the group or being a downer. Someone who no one wants to be around.
Everyone would have passed the test, but Dave was being a Schmole and told the teacher who was cheating
Schmole by Jimmycrack May 7, 2020

joe schmo 

A regular person. Often but not necessarily with a slightly negative connotation. Etymologically related to "Average Joe" and "Schmo" a Yiddish word for idiot.
I'm scared as hell of becoming some Joe Schmo, watching football, drinking beer that my fat wife brings me, and blaming my farts on my dog.
joe schmo by scott trowbridge June 11, 2006
When you kiss and you miss.
Last time we schmoinged by accident.
Schmoing by Neobot October 27, 2005