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This term refers to being the victim of someone who has deliberately and intentionally swindled, grifted or in any manner taken advantage of, always in an unfair manner.

Someone who has schiested you has fucked you out of something.

People who've been schiested not only live with the loss of money or property but also the disappointment of having let themselves be taken advantage of. As such, many people who get schiested never report the incident due to the loss of pride and self respect, making it one of the most underrated problems in modern society.
"I went to Jack in The Box and the person schiested me out of my $5.00 bill."

"That son of a bitch schiested me out of my house and home."

"That rat bastard schiested my fiancee!"

"That shit bird schiested me out of my deposit!"
Schiested by PCP7777 June 13, 2012
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Let's get schiested! 

The act of becoming drunk, plastered, hammered, etc...
"Let's get shit-faced!"

"Hey guys who wants to get schiested?"

"Let's get schiested!"

shiester 

Somebody who rips people off or does things that only benefits themselves.
Don't make deals with him, hes a shiester.
shiester by Simon D. February 8, 2005

shiested 

"yo he shiested us on these bags"
shiested by citayfalcon February 13, 2004
Schwasted, adj: The ultimate in the four stages of drunkenness.
First you get buzzed, then you get drunk, then you are wasted, and finally you get schwasted, at which point you end up in deep thought, alone, in your undies.
"Let's all get schwasted, it's my last night here. Call Milan to DD."
Schwasted by Schwasted January 19, 2009

scheister 

someone who is a cheat, often in legal terms
When he doubled his legal fees i realised what a scheister that lawyer really was!

After driving for only 5 miles in her 'new' car before it broke down Allie realised that car salesman had been a total scheister
scheister by ellaloveyou October 31, 2008

Schwasted Scale 

A scale from 1-10 on how messed up or shitfaced you truly are, either high, drunk, or both.

10 --- Schwasted

5 --- Half way there

1 --- Just getting started
Tensky --- So schwasted, you're gone!
-How you feelin' on the schwasted scale?
-- Definitely feelin' a tensky
Schwasted Scale by schwaste24/7 November 15, 2009