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Mainly used to describe a cheap, raggedy piece of clothing.
Did you see her sweater? What a schmata!
schmata by Sarah L. February 15, 2005
When used with the term "industry", the schmata industry refers to the clothing industry, specifically in new york city, and specifically in reference to the women's clothing industry.
My father works in the schmata industry.
schmata by nexyjo March 7, 2007
(Yiddish): Clothing, textiles; pejorative- Rags worn by a person, old tattered clothing.
That old lady always schleps around in her schmattas.
Schmatta by Bgk11111 November 2, 2009

Schmanta Claus 

He is the Jewish Santa guy that eats too much Hallah bread, drank schnapps with the three wise men, gave a dreidle to baby Jesus, put up a xmas tree in the Holy Land, put a with a Star of David on top of the tree, and sings "Ho Ho Hora, Ho Ho Hora." So, he said it was OK to enjoy getting presents and that us kids shouldn't feel guilty enjoying all the fun.
"Yes Virginia, there really is a Schmanta Claus."
noun - unfashionable piece of clothing; something you should not be caught dead wearing.
"Where did you get that schmata?"
schmata by RAG August 12, 2003
Variation: 'schmat', a bit of old cloth used for general cleaning duties.
Origin: Yiddish.
Pass me that schmat to wipe the sink, will you?
schmata by Jono March 27, 2005