When two gay men embrace in a snug (ususally while watching a Television Program) after a long night of activities. Both men engage each other in hand jibbers, creating a circle of sexual pleasure. Thus completing the Snug and Tug.
"Me and Grant went out bowling, got some Wendy's and Taco Bell, then went home to watch some Community and Snug and Tug."
Someone who is addicted to obtaining money and building wealth. A money addict and fanatic. Breadheads often work more than one full-time job, and some even participate in illicit activities to "obtain the bread".
I don't buy the schmegegge about Morty sleeping with Moira.
His version of the story was pure schmegegge.
The whole schmegegge was made up to get Liz a little bit of attention.