A contraction of Yiddish and usually used by rival football fans to describe Tottenham Hotspur fans, as they have a long tradition of being supported by the Jewish community, usually in a way that gives it anti-semitic connotations.
"He's only a poor little Yido
He stands at the back of the Shelf He goes to the bar, to buy a lager
And only gets one for himself!"
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.
Looking or experiencing something nice after witnessing something horrid like a disgusting gif or a disturbing video. Typically used as eye bleach are nice images of whatever makes the disturbed person happy.