A multipurpose word, created by Trey Parker and used in "Cannibal, the Musical. It can be an expletive, a reference, an adjective, adverb, article, noun or verb. It's great for those of us suffering from the occasional senior moment.
Derived from Pennsylvania Dutch, schput means to make fun of, to gently tease, or more crassly to bullshit someone. Often it is used to mock someone by offering undeserved or exaggerated praise.
When Menno praised Abe's new team of average looking horses as being a prize-winning team, he was making schput.
Knowing Menno was poking fun of his new team, Abe replied, "quit schputting me," they are just average.