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a rubber toy thingy you can buy from markets a bit like a yo-yo but ohhh so much more fun.apparently they are illegal cuz ppl got hurt using em, but i had fun.
shmegal by beautiful October 10, 2003
Related Words
Slimy but legal, as in questions of corporate ethics.
Goldman fatcat #1: There's no WAY will get away with using our own money to short the same securities we're selling long to our customers.

Goldman fatcat #2: Sure we will. Slegal is still legal.
slegal by Veuve Cliquot August 1, 2011
Shmegal - some thing or someone that is small.
Dave: Ron you wanna hit this blunt?

Ron: hell no, I’m not hitting that shmegal!
Shmegal by Mrorange68 September 30, 2023