In banking, smurfing refers to splitting of a large financial transaction into multiple smaller transactions, each of which is below a minimum limit (such as $10,000) above which banks must report any financial transaction, precisely for the purpose of evading scrutiny by regulators or law enforcement. Someone who smurfs is a smurf in this context. Usualy hired by drug runners and usualy more than one to move an large amount of cash to launder it.
How are you going to launder all that money, Don't worry I have alot of smurfs.
by nathan christiansen August 8, 2006
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Originated in the small town of Norton, MA. This is a popularly used term when referencing a high. Is used as a way to express ones mind-state after alcohol or marijuana intake.
Wow i am "smurffed" right now!

I'm about to get "smurffed" in a bit.
by Collegekidd December 29, 2011
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A TV show featuring 100 little blue communists, two of which are female. Smurfs are led by a dictator and sometimes by Trotsky, when the dictator's off smurfing the town bitch. Always use "smurf" in place of any word possible.
"I smurfed that li'l smurf down by that creek."
"Holy smorf!"
"I got my li'l smurf stuck in his smurfhole. It smurfed. There was smurf everywhere."
"You smurfed HIM?"
"uh..."
"YOU BIG MOTHASMURFIN SONAVASMURF! I'M GONNA SMURF YOU!!"
bang!
"Oh my smurf! He smurfed Smurffy!
by Amber Almighty June 4, 2004
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the best cartoon about little blue things in the world!
by random_bulldog August 31, 2003
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A person hired by a Meth cook to purchase psuedoephedrine for them at a local pharmacy.
James: Hello, I would like the your Equate cold formula 90 count please.

Pharmacist: You went over your three box limit 2 weeks ago, get out of my store you stupid smurf.
by That Guy81 November 14, 2011
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Gaming term: Entering your regular server under a different name so u can see whats going on without being recognized.

Commonly used by server admins and the like.
l4m3rtw4t: you cock sucking idiot i will spam as much as i like for i am a n00b
l4m3rtw4t: wwwwwwwww0000000wwwwwwwwdddddfkkkkkkk
Player1: Thats not a good idea
l4m3rtw4t: fuck you dick, i own you and will always
{Player1 Signed As ADMIN }
l4m3rtw4t: Shit
by Moggy006 June 14, 2004
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Attempting to hide your identity from administrators and peers by creating a secret account; in gaming culture, this often occurs after being blacklisted under a previous name.
Smurfing is my only option, after getting banned for accidentally killing my teammate in Rainbow Six Siege!
by Remie D Gaming May 7, 2017
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