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(verb) To destroy one's reputation and / or business by making a racist remark in public. From "Papa" John Schnatter, founder and chairman of Papa John's Pizza, who was forced to step down from his own company after using the N-word on a conference call.
"The CEO of Megacorp really schnatt the bed when he compared Mexicans to seagulls."

"Supercorp's stock tanked on the exchanges today after the company's CFO schnatt himself on a conference call with investors."
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Schlatt Coin 

A form of cryptocurrency sold by Jebadiah Schlatt - The value of a Schlatt coin only goes up over time.
Hey, want to buy a schlatt coin? It's only 20 diamonds!
Schlatt Coin by Enderfied July 1, 2019

schlatt walk 

(verb) to walk in minecraft rather than sprint as to not lose any hunger, coined by jschlatt of SMPlive fame, although he doesn't do it on purpose. he just doesn't know how to sprint. jschlatt this is a call out you just press shift it's not that hard
"when u see schlatt walkin" -someone, at some point
schlatt walk by coner eat pant July 17, 2019
When you shart and snarl at the same time, usually facilitated by a obtuse sphincter.

How to avoid Schnarting:
-Becareful when you sneeze
-Becarful when you get mad
-Becarful when you sneeze and get mad
-Becareful when you snarl
-Becareful when you need to poop
One time my Grandma got so mad at me, she schnarted
Schnart by DR. Bitcoin May 15, 2018
Unbelievably successful businessman. Invented crypto currency and walking, also was part of the band known as 'Big Time Rush' where he was known as Logan.
'Schlatt is my favorite Big Time Rush member'
Schlatt by frxnchrxsxs September 1, 2020

Schlatt Coin 

Only the finest form of currency out there! You can buy a Schlatt Coin for a small price of twenty diamonds. What is that you ask? Benefits? Why of course there are benefits! It's just like buying a Supreme shirt. It's to show that you have money.
What the fuck is a Schlatt Coin?
It's literally the best form of currency you idiot.
Schlatt Coin by SpaceOttix August 9, 2019
bop bo bey buh bubbudy bop boh bay (schlatt)
Schlatt by portal fan March 18, 2021