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To take quickly, often away from someone else; can also be used as an exclamation
I'm about to go schnag some munch before I meet up with you guys.

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Ken: (holding an ice cream cone)

Tommy: SCHNAG! (grabs ice cream away from him, accidentally dropping it on the floor)

Ken: aw degrade
by mraahh July 22, 2011
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2
An abbreviated, bastardized version of the word 'vagabond', usually used as a nickname
"There goes schnag in his semi again"
"Does schnag know how to drive a forklift"
by big chopper July 29, 2003
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