When one makes a fist and raises it up in the air as a sign of friendship to another. Similar to a high-five, Air Touch is a more masculine physical and/or verbal expression.
That was a heavy party last night dude, bare jokes. Air Touch!
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.