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(a) A reaction to any instance.
(b) An announcement to other males that you are present. Usually followed by a recognition shmeigh.
(c) a word used to as a filler when no other words come to mind.
(a) Dude 1: Oh my god! my car is gone
Dude 2: Shmeigh, It was a piece of shit anyway.

(b) Dude 1: {walks into room} SHMEIGH!!!!!!
Dude 2: {acknowledging dude 1's arrival} SHMEIGH!!!!

(c) Dude 1: Sorry you got stuck with the duff last night at the bar.
Dude 2: Ehh shmeigh. Its cool bro.
by t-man_sleeman May 06, 2009
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