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To tell someone to dispose of an item or throw an item in your direction.

To run away from a situation where you will get in trouble if caught by someone of higher authority

To run away in a hurry

To give up on a decision
Tom: This Drink is soo sweet!
Dick: ooo Smeg it over here!

Tom: Shit the police is round the corner doing drink searches
Dick: Shit! Smeg it!
by God of atheism June 18, 2007
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