An adjective used to describe someone that needs to be made fun of. It can be used in almost any case or scenario. As long as someone is there to be made fun of "dinklefuck" can be the word for you.
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.