A portmanteau of "chim" meaning "profound" in the Hokkien dialect, and -logy. Meaning very profound, usually of concepts, ideas. Used almost exclusively by students during mugging.
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.