A mingling of 2 words: "beep" and "epilepsy". This is the convulsive action you will see especially in a group all wearing pagers when one pager goes off.
"Check this out. See Tom standing with Sue and Bob and Jim? I'm gonna beep Tom on his pager. Watch them all go into a fit of beepilepsy."
Someone who is addicted to obtaining money and building wealth. A money addict and fanatic. Breadheads often work more than one full-time job, and some even participate in illicit activities to "obtain the bread".
I don't buy the schmegegge about Morty sleeping with Moira.
His version of the story was pure schmegegge.
The whole schmegegge was made up to get Liz a little bit of attention.