It's when a small group of teenage boys, primarily in Salt Lake City, gather in a public park and proceed to go into the woods, wrap their members in Cellophane, and penetrate each other in the ass. True story!
Steve: Hey what do you want to do today?
Jon Belly: We can always go to the park for some Butt Juggin!
Steve: Sounds great! I'll call the guys!
Jon Belly: Cool! I'll bring the Saran Wrap!
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.