Verb: Using rhinestones to decorate the butt area of one's pants, or other items of clothing, or even one's personal self (like being vagazzled, only on the backside private regions rather than the front).
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.