Analogous of usage of "no homo," this term is a phrase that follows anything that could be even vaguely construed as either stereotypically Jewish or cheap.
Note: should only be used by members of the Jewish persuasion (or their friends) ironically. Dentists and others may convert to Judaism to begin using the term with their gentile friends.
You like this sweater? I got a good deal, it was on sale -- no schlomo!
Hey remember I lent you 50 cents the other day? I'll be needing that back. No schlomo.
Short-hand for the word floccinaucinihilipilification, meaning the estimation of something as valueless (encountered mainly as an example of one of the longest words in the English language).
Precedes or follows either a gratuitously disrespectful or honest remark, originated in New York City. Used in similar fashion to "no offense" or "to be honest," interchangeably.
Ya mans is wild buns, respectfully. Respectfully he's washed.
After school, The Modells on Jamaica Ave was active. Respectfully.